To homepage
  • Private client
  • Business client
  • Investor
  • Coop Pank
  • Help and info
  • Coop
  • ET
  • EN
  • RU
Internet bankBecome a client
  • Homepage
    • Become a client
    • Starting entrepreneurs
    • Banking plans
    • Cards
    • Payments
    • Group account
    • Gateway interface
    • Cash
    • Service channels
    • Partner offers
    • Overdraft facility
    • Business loans
    • Small loan for starting entrepreneurs
    • Apartment association loan
    • Leasing
    • Car rental
    • Guarantees
    • Factoring
    • E-commerce
    • Payment collection at point of sale
    • Collecting payments with e-invoices
    • Bank link
    • Current account
    • Term deposit
    • Motor insurance
    • Comprehensive insurance
    • Property insurance
    • Business interruption insurance
    • Construction insurance
    • Liability insurance
    • Machinery and equipment insurance (CPM)
    • Carrier’s liability insurance (CMR)
    • Coop Kindlustusmaakler

Coop Pank

  • Join us
  • Become a client
  • Become a business clients
  • Interfaces
  • Open Banking

Legal information

  • Bank conditions
  • Know Your Customer principle
  • Processing customer data
  • Cookie policy

Info and help

  • Offices
  • Terms and conditions & price list
  • Deposit interests
  • Currencies
  • Data security and scams
  • FAQ
  • Transfer of settlement services

Customer Support

669 0966
Mon-Fri 08.30-19.00

klienditugi@cooppank.ee

Available 24/7 for blocking the card or Internet bank access: 669 0966

Coop Pank
  • Facebook
  • Instagram
  • Youtube
  • Linkedin
Coop Pank AS, Maakri 30, 15014 Tallinn, Registry code: 10237832, SWIFT/BIC: EKRDEE22

You are on the website of the companies Coop Pank AS and Coop Liising AS that provide financial services and the insurance marketing company Coop Kindlustusmaakler AS. Before committing to an agreement read the terms and conditions of the respective service and, if necessary, consult an expert. By continuing to use the site, you are agreeing to the terms and conditions of website use.

    Factoring

    A person working at a desk, reading something on a laptop and a tablet. He also using a notebook for making notes.

    Factoring provides companies with flexible supplementary financing that corresponds to their actual sales volume.

    The entrepreneur assigns the outstanding receivables to the bank on the terms and conditions agreed and can start using the freed-up working capital straight away.

    Quick and easy financing

    Financing is quick and easy after the submission of invoices to the bank once the factoring limit has been established.

    Longer payment deadlines

    Allows the company to offer longer payment deadlines to its clients and reduce the payment risks related to buyers. The bank monitors invoice deadlines and collects payments from the buyers.

    Helps manage cash flow

    An easy tool for increasing working capital with sales invoices as security. Factoring increases the company’s liquidity and allows it to optimise its cash flow.

    Factoring – good to know

      • Application on Coop Pank’s form.

      • Annual report for the last two years (audited if required and the report has not been submitted to the Commercial Register).

      • Quarterly financial statements of the current financial year that are not older than two months.

      • Copy of the purchase and sales contract or invoice.

      • Please e-mail the documents to faktooring@cooppank.ee.

    • Assigned right of claims and any additional security requested by the bank if necessary.
    • See the price list of Coop Pank.
    Aleksandr Tšekmazov
    Aleksandr TšekmazovKaubanduse finantseerimise juht
    +372 5352 2135
    aleksandr.tsekmazov@cooppank.ee