Debt financing

Debt financing

Debt financing: Prompt recovery of funds for VAT invoices that have not been paid on time (past due debts)

The service involving a buyback of invoices not paid on time by a medical entity and establishing a new repayment schedule together with hospital. The hospital may receive further financing up to 36 months. It ensures the sales continuation and no risk of accumulating non-paid VAT invoices.
Process
Who is it targeted at?: The service is targeted at all entities supplying goods and services to any medical entities operating as SPZOZ [Health Maintenance Public Organization] and NZOZ [Health Maintenance Non-Public Organization] organizations.
ADVANTAGES: prompt payment for outstanding VAT invoices
no recourse – overtaking a full risk of hospital financing
maintenance of very good commercial relations with hospital
improved financial statements, in particular, improved asset structure and financial liquidity
DEBT ASSIGNMENT BAN: In economic activities involving public procurement procedures contracts between suppliers and medical entities often require the hospital's consent for concluding debt assignment agreement. Magellan conducts trade negotiations with hospital aimed at being given such consent for the transaction.
If no such consent is given, we offer other financial solutions.
Contact with our adviser: Contact our adviser who shall calculate a customized offer for you. Contact : doradca@magellan.pl