Partners

For banks and non-bank financial institutions. ТОВ «ФК «СІТІ ФІНАНС» considers proposals for the acquisition of claims under individual loan agreements and loan portfolios. We combine financial analysis and legal expertise to evaluate the proposed claims, agree on the terms of the acquisition and organize further work with the debt.

What we offer

• Reasonable price offer. We assess the composition and characteristics of the portfolio, debt structure, available documentation, and the status of fulfillment of obligations.
• Clear conditions. Before concluding the contract, we agree on the price, the procedure for payments, the moment of transfer of rights of claim, the composition of documents and the procedure for their transfer.
• Agreed deadlines. We plan the stages of consideration and registration taking into account the volume of the portfolio and the completeness of the information.
• Responsible work with debt. After acquiring the right to claim, we work as a new creditor, respecting the rights of the consumer.

How does collaboration work?

1. Initial treatment
2. Document analysis
3. Agreeing terms and conditions
4. Contract and calculations
5. Debtors' notifications

1. Initial contact. You provide a brief description of the portfolio: types of loans, number of agreements, total amount and structure of debt, overdue periods, availability of collateral. For the initial discussion, generalized data without personal data of debtors is sufficient.
2. Analysis of information and documents. We agree on the list of materials and the procedure for access. We analyze documents confirming the occurrence of obligations, the amount of debt and the seller's right to claim.
3. Agreement of terms. Purchase price, payment procedure, terms of transfer of rights of claim and transfer of documents.
4. Execution and execution of the agreement. We conclude the agreement and carry out the agreed actions regarding settlements, transfer of rights of claim, transfer of documents and information.
5. Notification of debtors. The procedure for notification and the party sending it are determined by the parties in the agreement.

Information for evaluation

Terms of purchase

The purchase price is determined based on the results of the portfolio assessment and agreed upon by the parties. The procedure and terms of payments, the moment of transfer of rights of claim, the scope of documentation and other conditions are established by the contract.

The acquisition of overdue receivables is not factoring. The subject of a factoring agreement can only be monetary receivables for which the payment term has not yet come, while the Company works with overdue debts. Therefore, the Company acquires receivables as a creditor, not as a factor.

Personal data and creditor replacement

Along with the rights of claim, the personal data of the debtors are transferred. The scope, legal grounds and procedure for such transfer are agreed upon by the parties prior to the conclusion of the contract.

After acquiring the rights of claim, the Company processes the received personal data as the owner, to the extent necessary for the exercise of the rights of the new creditor, in compliance with the Law of Ukraine “On Personal Data Protection”.

The replacement of the creditor does not require the consent of the debtor, but the debtor must be notified in writing of the assignment. If there was no such notification, the performance of the obligation to the original creditor is considered proper, Article 516 of the Civil Code of Ukraine.

Counterparty verification

The company is a subject of primary financial monitoring. Before concluding the contract, a due diligence check of the counterparty is carried out and the information necessary to fulfill the requirements of the Law of Ukraine No. 361-IX is clarified. The list of documents is provided at the stage of agreement on the terms.

Documents

Loan documents. Sample agreements and rules for providing loans will be published before the start of providing loans.

Partner appeal

The partner application form is available in the Ukrainian version of the page: go to form.

Mail office@cityfinance.com.ua, phone +38 044 227 92 60.

If you have questions about your own credit obligation, go to the section "Debtors".