Replenishment in the list of partner banks of our electronic trading platform: Alfa-Bank Ukraine has joined cooperation with SmartTender in two main areas:

- factoring;
- tender guarantee.

Alfa-Bank Ukraine has been operating since 1992 and today it is among the top 6 largest in the country. In 2016, the Global Finance World’s Banks survey recognized the institution as the best Ukrainian bank.

Factoring from Alfa-Bank

Alfa-Bank offers bidders factoring financing for a period of 14 to 90 days, without collateral and with a minimum package of documents. Site users can expect an advance payment of up to 80% of the cost of the delivered procurement item, namely:

- individual entrepreneurs – from UAH 30,000 to 500,000;
- legal entities – from UAH 30 000 to 1 000 000.

Factoring in state and commercial tenders is an instrument of your confident victory, which allows you to eliminate the risks associated with possible delays in payment due to the fault of the procurement organizer. It is possible to receive financing for more than one contract if the customers in the tender are JSC Ukrzaliznytsia, SE MA Borispol, NEC Ukrenergo, or NAEC Energoatom.

Tender Guarantee from Alfa-Bank

In addition to factoring services, Alfa-Bank offers suppliers of the SmartTender a tender guarantee with a commission of 0.3% (UAH 500 minimum) of the procurement budget.

This type of tender provision is usually required by customers in critical procurement procedures. Thus, the organizers of the tender can guarantee the fulfillment of obligations by the bidder and reduce their risks associated with the possible disruption of supplies. The tender guarantee gives the participant access to tenders with especially high rewards for winning.