Deferred payment check
A fast tool for financing.
What are Deferred payment checks?
Deferred payment checks are checks issued today but whose amount cannot be collected until a future agreed-upon date, offering flexibility in payments and commercial transactions.
Main features
Short / Medium term
They have a term agreed upon between the issuer and the beneficiary for their collection that cannot exceed 360 days.
Risk
They have different levels of risk, depending on the segment operated: Direct Negotiation (with or without guarantees), Endorsed, and Sponsored.
Transparency
The interest rate is determined through the free supply and demand of market participants.
Financing
It is one of the simplest ways to obtain financing without using up bank credit lines.
