Suppliers wishing to take advantage of this possibility must first sign a bipartite contract with BNPPF
. They can then ask BNPFF, either as the need arises – i.e. invoice by invoice – or systematically, for immediate payment of their invoices validated by EDF. Exchanges with BNPPF are made through a dedicated Internet platform
. All the invoices issued by a supplier having signed a contract with BNPPF are paid by BNPPF into the bank account of the supplier, who can request pre-financing or not. All invoices of suppliers that have joined the programme are paid by EDF to BNPPF on the normal due dates for these invoices.
The benefits of reverse factoring for suppliers:
- benefiting from an alternative financing offer
- optimising their cash flow
- improving their working capital needs