Management of receipts and payments
Trust in a health and well-being business is paramount. You trust your initiatives, your abilities, your equipment. That same trust is what we want to transmit to our suppliers, assuring them that they'll never have a problem getting their invoices paid.
If you need to finance payment of invoices beyond their due date, here's the solution Flexible Payment: a method in which you choose which invoices to finance and when.
No surprises when the invoice becomes due. Banco Santander pays your supplier and finances you until a new date agreed with the Bank.
Flexible Payment is a 100% Digital solution which will save you time and can be used to pay for purchases in Spain and for those abroad.
FINANCED PROMPT PAYMENT1
This solution allows you to negotiate with your suppliers and pay them up front in exchange for a prompt payment discount. The Bank makes the payment to your supplier and then finances you until the original due date of the invoice.
Thanks to Financed Prompt Payment, you will benefit from better conditions on your purchases without losing liquidity.
With Santander Confirming your suppliers will be able to receive payment in advance for their invoices without your business having to pay them until the due date.
The supplier bears the cost of the fee and interest rate for the requested financing.
Thinking of your suppliers…
- They do not need to make use of their credit facilities and it has no impact on their CIRBE (credit score).
- Guaranteed payment of the brought forward invoices.
- It is not necessary to be a Banco Santander customer or to change banks.
- Available through your branch office, Superlínea, email, Online Business Banking, Santander Business App and Confirming App.
Thinking of you…
- You save time by delegating the management of payments to Banco Santander.
- You improve the image of your business.
- You improve the relationship with your suppliers.
Use Agile Collection to receive all or part of the collection of your instalment sales, without waiting for the due date.
This flexible solution will also allow you to collect your prescription sales in advance. This will allow to use the funds as soon as you obtain the payment certificate from the Official Pharmacists Association (Colegio Oficial de Farmacéuticos).
The advance payment will be carried out through our Online Banking, always including the collection in a Banco Santander account.
Factoring makes it easy for you to receive payment for sales made or services rendered to your customers without waiting for the due date of the invoices.
With Recourse Factoring, in addition to providing stable financing from the time the invoice is issued for both national and international operations, Banco Santander also takes care of the payment collection, saving you time from the outset.
If, in addition to the above, you want to ensure that you receive payment for your sales, with Non-Recourse Factoring you can also add cover for the risk of customer insolvency to the above advantages.