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Buy a ready-made factoring company with a license

A ready-made financial institution with a valid NBU license for providing factoring services. Start activities related to the purchase of receivables and financing against the assignment of monetary claims immediately after the transfer of rights — without going through the license obtainment procedure, which takes from 3 to 6 months.

  • Valid NBU license for providing factoring services
  • Formed and confirmed authorized capital of UAH 3–5 million
  • Company transfer within 14–21 business days
  • Full package of regulatory documents and internal NBU policies
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What is included in the service: purchase of a factoring company with a license

A ready-made factoring company is a financial institution entered in the State Register of Financial Institutions and licensed by the NBU to provide factoring services. Such a company has the right to provide financing against the assignment of monetary claims, purchasing receivables from client-suppliers with an advance payment to suppliers, as well as provide related services: accounting of factoring claims, debt collection, and informational and consulting services in the field of receivables management.

Who the purchase of a factoring company is suitable for

  • Investors entering the B2B financing and receivables management market
  • Owners of trading and manufacturing groups that add a factoring vertical for working with their own dealers and suppliers
  • Fintech projects in the supply chain finance and online factoring segment
  • Holdings that structure intra-group financing through a factoring company
  • Export-import companies that need a tool for financing export supplies
  • Foreign investors entering the Ukrainian factoring market without going through lengthy authorization

What you receive together with a ready-made factoring company

  • Legal entity with an EDRPOU code and registration in the State Register of Financial Institutions: a full-fledged financial company ready to enter into factoring agreements.
  • Valid NBU license for providing factoring services: with confirmed validity and no restrictions or suspensions.
  • Formed authorized capital: documented and compliant with NBU requirements.
  • Developed internal policies: credit and operational risk management, AML/KYC, financial monitoring, corporate governance, information security — a full package submitted to the regulator.
  • Appointed manager with confirmed business reputation: meets the NBU requirements for the qualifications of top management of a financial institution.
  • Time saving: instead of 3–6 months for licensing — launch within 14–21 days.
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How the purchase of a factoring company with a license works

Agree on the parameters of the financial company for your tasks

We define the profile of factoring activity: internal factoring, international, recourse/non-recourse, supply chain finance, authorized capital amount, need for existing accounts, IT infrastructure specifics, budget, and deadlines.

Check the validity of the license and company status with the NBU

We confirm that the license is valid, not suspended, that there are no enforcement measures from the regulator, and check the company’s status in the State Register of Financial Institutions and the absence of open inspections.

Conduct a full legal and financial review

We prepare a report: absence of debts, court proceedings, enforcement documents, tax debt, client claims, NBU fines, and violations of financial monitoring legislation.

Prepare the corporate rights purchase and sale agreement

We set out the terms of share transfer, seller’s guarantees, liability of the parties, separate clause on the validity of the license, and absence of regulatory measures at the time of transfer.

Agree on the change of owners with the NBU

A change of owners of a financial company with a qualifying holding of 10% or more requires mandatory approval from the NBU. We prepare a package of documents: business reputation confirmation of the new owners, source of funds, business plan for the factoring activity.

Register changes in the Unified State Register

After obtaining NBU approval, we submit documents on the change of owners to the state registrar. Registration of changes takes up to 3 business days.

Transfer the full package of regulatory documents

Charter documents, license, internal policies, risk management system documents, AML/KYC, financial monitoring, reporting to the NBU, standard factoring agreement templates, and client registers.

Provide ongoing regulatory support

We support interaction with the NBU, preparation of regular financial institution reporting, updating internal policies in accordance with legislative changes, legal support, regulator inspections, and consultations on structuring factoring operations.

How cooperation works

Application and consultation

The client contacts us through an application form or by phone. We provide a quick consultation and discuss the details of the service.

Agreement on jurisdiction and structure

We choose the optimal jurisdiction and structure for company registration and agree on the cost of the service.

Document preparation

We collect and prepare all necessary documents for registration or service execution and check their compliance.

Further legal support

We provide legal support when needed, including matters related to taxes, reporting, and other issues.

Transfer of documents and instructions

After registration, we transfer the documents to the client and provide instructions for further actions.

Submission of documents and registration

We submit documents for company registration or service execution, ensuring its official status.

Timeline and cost

How the service cost is determined

The cost of our services depends on various factors, such as the complexity of the service, the required additional services, and the specifics of your business. Each case is individual, so we determine the exact cost after a consultation.

Factors that affect the cost

The main factors that affect the cost are:

  • Jurisdiction where the company is registered for services related to registration.
  • Type and structure of the company for services related to legal support or registration.
  • Additional services such as account opening, nominee services, notarized translations, etc.

How to find out the exact cost of the service

To find out the exact cost and timeline of our service, you need to:

  1. Fill out the form on our website for a preliminary consultation.
  2. Call us at: +380 (68) 891-60-14.
  3. Book a consultation, where we will discuss the details and provide an exact cost estimate for your situation.

Additional services and their impact on the cost

Additional options may be added to the base cost of the service, such as:

  • Opening a bank account or connecting payment systems.
  • Notarial services such as translation and apostille.
  • Legal consultations on tax matters and other aspects of activity.

These services may change the final cost, so we always discuss them at the consultation stage.

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Key features of purchasing a factoring company with a license

What factoring is and how a factoring company earns money

Factoring is a financial service in which a client-supplier transfers, or assigns, the right of monetary claim against its debtor to a factoring company, and the factoring company immediately pays the supplier an advance, usually 70–90% of the claim amount. The supplier receives the remaining amount, minus the factoring company’s commission, after the debtor repays the debt.

A factoring company earns money in two ways:

  • Financing commission — a percentage of the advance amount, which depends on the duration of the debtor’s payment deferral; in fact, this is the cost of the funds provided to the supplier.
  • Service commission — a fixed or percentage-based fee for document processing, maintaining the claims register, debt collection, and risk monitoring.

The profitability of the factoring business in Ukraine is traditionally higher than classic lending due to short transaction terms, low default risk, where the debtor is usually a large stable company, and high margin rates.

What is the difference between types of factoring

Factoring operations are divided according to several key parameters.

By risk allocation:

  • Factoring with recourse — if the debtor does not pay, the supplier is obliged to return the advance to the factoring company. The supplier bears the default risk.
  • Factoring without recourse — the risk of non-payment is fully transferred to the factoring company. The commissions are higher, but the supplier is fully released from credit risk.

By debtor notification:

  • Open factoring — the debtor is notified of the assignment of the claim and pays directly to the factoring company.
  • Closed, or confidential, factoring — the debtor is not notified; funds go to the supplier, who then transfers them to the factoring company.

By jurisdiction:

  • Domestic factoring — the supplier and debtor are located in Ukraine.
  • International factoring — the supplier is in Ukraine and the debtor is abroad, or vice versa. It is regulated by the UNIDROIT Convention on International Factoring.

The type of factoring affects the company’s risk profile, provisioning requirements, the specifics of internal policies, and before purchase it is important to agree on which factoring segment you plan to develop.

Does the license transfer together with the company

Yes. The NBU factoring license is issued to the legal entity and is not reissued when the owners change. However, a change of owners with a qualifying holding of 10% or more requires mandatory approval from the NBU.

The approval procedure includes submission to the NBU of:

  • Documents on the new owners and manager
  • Confirmation of business reputation, including absence of criminal records, bankruptcies, and restrictions under other licenses
  • Sources of origin of funds for the acquisition of the share
  • A business plan for factoring activity for 3 years with a forecast of transaction volumes and financial indicators

NBU review takes up to 3 months. Without NBU approval, the transaction is legally invalid and the license may be revoked. Vermus supports the entire approval process and guarantees the legal clean status of the transaction.

What requirements does the NBU impose on new owners

When approving the change of owners of a factoring company, the National Bank assesses:

  • Business reputation: absence of convictions in the financial sector, bankruptcies, restrictions from other regulators, and corruption offenses.
  • Financial capability: documented sources of origin of funds for the purchase of the share.
  • Absence of links with high-risk jurisdictions: checks against sanctions lists, FATF jurisdictions with restrictions, and countries with an insufficient level of financial monitoring.
  • Manager qualification: education, such as financial, economic, or legal education; at least 3 years of experience in the financial sector; and an impeccable professional reputation.
  • Realistic business plan: justification of the projected volume of factoring operations and adequacy of the risk management system.

Before concluding the agreement, Vermus conducts a preliminary assessment of the new owners’ compliance with the regulator’s requirements and advises on adjusting the ownership structure if necessary.

What guarantees the buyer receives

The purchase and sale agreement for the corporate rights of the factoring company sets out:

  • Guarantee of the license validity at the time of transfer, with confirmation from the NBU licensees register
  • Absence of regulatory enforcement measures, including warnings, fines, activity restrictions, or license suspension
  • Absence of open inspections or procedures for license revocation
  • Absence of court proceedings for violations of financial services legislation
  • Legal clean status of the company: absence of debts, enforcement proceedings, and tax debt
  • Formed and confirmed authorized capital
  • Transfer of the full regulatory documentation: license, internal policies, and registry reporting to the NBU

Why you should contact VERMUS specialists

Purchasing a factoring company is a complex regulatory transaction with a mandatory approval procedure by the NBU. Mistakes at any stage — incorrect preparation of documents on the new owners, incomplete confirmation of the sources of origin of funds, or unsatisfactory quality of the factoring activity business plan — lead to the regulator’s refusal, which blocks the transaction and may result in the license being revoked.

Vermus has experience supporting transactions with financial institutions and regular interaction with the NBU. We prepare a full package of documents for the regulator, conduct a preliminary assessment of the new owners’ compliance with the requirements, and support the transaction until final approval is obtained.

This is especially important for the factoring segment, where the NBU carefully checks the realism of the business plan and the qualifications of managers due to the specific risk profile of transactions involving receivables. Legally competent formalization allows NBU approval to be passed without delays or refusals and operational activity to begin within the expected timeframe.

Frequently asked questions about purchasing a factoring company with a license

What is a factoring license and who needs it?

An NBU license for providing factoring services gives the right to provide financing against the assignment of monetary claims — the purchase of receivables from suppliers with an advance payment to them. Without a license, carrying out factoring operations on a regular basis is prohibited. The license is needed by those who plan to systematically finance suppliers against the debts of their buyers.

Lending means providing a loan with interest. Factoring means purchasing the right of monetary claim. A loan is issued to the borrower based on their solvency, while factoring is based on the solvency of the supplier’s debtor. A factoring company does not assess the creditworthiness of the supplier, its client, but assesses the ability of the debtor, usually a large stable company, to repay the debt.

No, the license belongs to the legal entity and is not reissued. However, a change of owners with a qualifying holding of 10% or more requires mandatory approval from the NBU. Without approval, the transaction is legally invalid, and the license may be revoked. Vermus supports the entire approval procedure with the regulator.

The company transfer under the agreement takes 14–21 business days. Full approval of the change of owners by the NBU takes up to 3 months. Operational activity can be carried out from the moment of transfer, but final confirmation of the transaction’s legitimacy is obtained after the regulator’s decision.

Business reputation: absence of convictions in the financial sector, bankruptcies, and restrictions under other licenses. Financial capability: documented sources of origin of funds. Manager qualification: education and experience in the financial sector. Realistic business plan: justification of the projected factoring volumes. Vermus conducts a preliminary compliance assessment before the agreement is concluded.

Yes, the legal entity remains the same — the company’s obligations transfer together with it, including current factoring agreements with clients. That is why we conduct detailed legal and financial due diligence before the transaction and include in the agreement the seller’s guarantee regarding the absence of hidden obligations.

The NBU license allows all types of factoring: with recourse, without recourse, open, closed, domestic, and international. The specific activity profile is determined by the company’s business plan and internal policies. If the activity profile changes significantly, policies must be updated and the regulator must be notified.

Monthly, quarterly, and annual reporting to the NBU; mandatory annual audit; financial monitoring reporting; maintenance of the register of assignments of monetary claims in the form established by the NBU; reporting to the tax service. Vermus organizes the setup of all reporting processes.

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