Divestment without recourse

“covering trade risks”

  • 100% cover of assigned receivables.
  • Outsourced customer management.
  • Converting fixed management costs to variable costs and collecting receivables.
  • Preliminary assessment of new customers and monitoring their growth over time.

The “divestment without recourse” service targets medium/large-sized companies which intend to guarantee themselves against the insolvency risk of their customers, which venture into new markets, which have limited margins and need to be certain of collection or seek to improve overall corporate management.

With this product Mediocredito Italiano intends to provide a guarantee that is 100% sure against the possible risk of insolvency by your company's customers.
Mediocredito Italiano undertakes to assure the certain collection of trade operations combined with a professional management of your company's receivables.

Mediocredito Italiano establishes a cap for each customer, based on a preliminary assessment of your company's customers, or Mediocredito Italiano quantifies an amount within which the credits are guaranteed. 
Your company's receivables are included in a consistent bracket and are assigned to Mediocredito Italiano on an on-going basis; Mediocredito Italiano manages them effectively from the administrative aspect and manages their corresponding collection.
Mediocredito Italiano covers 100% of the guaranteed amount in the case of non-payment by your company's customers and reimburses the receivable on the agreed date.
Furthermore, Mediocredito Italiano is also able to advance the amount of the receivables purchased, on request, based on a percentage to be agreed (generally 80%).


Advertising message. For details of the contractual terms of the products and services offered in Italy, please refer to the Fact Sheets available in Mediocredito Italiano’s Branches and on its internet site as well as in the Branches and on the internet sites of the Intesa Sanpaolo Group Banks that offer Mediocredito Italiano’s products and services.

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