According to Sber’s press service, SberFactoring now finances suppliers who provide foreign goods to Russian retailers, enabling a steady flow of unique products onto domestic shelves. By year-end 2023, Anatoly Popov, Deputy Chairman of the Board at Sberbank, noted that the total financing extended would surpass 15 billion rubles, with room to grow the limit further.
The shift toward a new supply model and pre-ordering introduces tighter financial planning for suppliers of imported products. Retailers typically settle their accounts with deferred payments, while suppliers often require upfront payments. This mismatch frequently strains working capital. Since early 2023, SberFactoring has delivered 8 billion rubles in financial services to help these suppliers stabilize their finances and keep inventory flowing.
Popov emphasized that the year-end financing total is expected to exceed 15 billion rubles, with potential increases to the credit limit. Factoring accelerates access to funds by enabling suppliers to receive a large portion of revenues immediately after shipment, thereby supporting higher sales volumes.
SberFactoring provides a suite of financial services to companies selling goods and services on future terms. The model involves the factoring company transferring its right to demand payment from the buyer to the finance provider, which advances funds to the supplier accordingly. This mechanism strengthens liquidity for import-focused businesses and helps maintain steady supply chains across retail networks. This summary reflects information disclosed by Sber’s press service as the basis for the described activities and outcomes.