ICO Trade Receivables
Banco Sabadell has subscribed the ICO Trade Receivables, intended to grant liquidity to self employed people or businesses with a registered address in Spain, to finance short term advance invoice payments of invoices related to their business activity in national territory.
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Características
Beneficiaries:
Self employed people and companies with a registered address in Spain, who issue invoices deriving from the sale of goods and services rendered to debtors within national territory.
Items covered:
Amount of the invoices issued with payment deferment deriving from the sale of goods and services rendered to debtors within national territory, with a maturity date no longer than 180 days from the date of the advance invoice payment
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