Purchase of Receivables
Convert your receivables into immediate liquidity with SEK’s Purchase of Receivables solutions. By selling your invoices, you strengthen your balance sheet, reduce credit risk and create the financial flexibility needed to grow – in Sweden and internationally.
SEK provides stable financing on commercial and sustainable terms, supporting Swedish companies and their partners in a competitive global market.
What is Purchase of Receivables?
Purchase of Receivables is a structured financing solution where a company sells its invoices to SEK and receives immediate payment.
In many cases, SEK assumes up to 100% of the buyer’s credit risk. This means you can replace accounts receivable with cash while transferring credit exposure to a strong financial partner.
The solution is designed for companies who aim to:
- Strengthen the customer offering
- Optimise working capital
- Improve financial key ratios
Flexible solutions tailored to your business
SEK offers a range of Purchase of Receivables structures designed to meet different business needs, market conditions and risk profiles. These include non-recourse solutions where SEK assumes the full credit risk, as well as structures supported by export credit cover, such as EKN or a Private Risk Insurer.
Why choose Purchase of Receivables?
For sellers (corporates)
- Immediate payment and improved cash flow
- Release of working capital
- Stronger balance sheet and financial ratios
- Reduced or eliminated credit risk
- Increased capacity to grow sales and exports
For buyers
- Ability to negotiate longer payment terms
- Optimised working capital
- Strengthened financial position
For banks and partners
- Possibility to share risk with SEK
- Increased financing capacity
- Possible to obtain funding from SEK
Depending on the transaction, additional risk protection can be incorporated, and solutions may also be structured on a recourse basis. SEK can also finance receivables with short and longer tenors, providing flexible solutions that align with different cash flow needs and transaction structures. We can also partner with commercial banks in risk-sharing arrangements to enable larger or more complex transactions.
This flexibility allows SEK to tailor financing solutions to both standard transactions and more complex, multi-party structures.
Pricing and structure
Pricing is market-based and tailored to each transaction. Key factors include:
- Buyer creditworthiness
- Transaction volume
- Tenor and structure
- Customer size and market conditions
- Degree of risk sharing
We ensure transparency and competitiveness in all structures.
Do you want to know more?
Contact Working Capital Solutions, at SEK
Frequently asked questions
How does Purchase of Receivables work?
The company delivers goods or services and issues invoices, which are then sold to SEK. SEK pays the invoice value, less an agreed margin, and collects payment directly from the buyer on the due date. This creates predictable cash flow and strengthens the balance sheet.
What are the benefits of Purchase of Receivables?
Key benefits include improved liquidity, reduced credit risk, stronger financial ratios and increased capacity to grow. It also enables companies to strengthen their customer offering by providing more competitive and flexible payment terms, while maintaining financial stability.
Does SEK always assume the credit risk?
Not always. SEK offers both non-recourse solutions, where we assume the credit risk, and recourse-based structures where some risk remains with the seller. Solutions can also include export credit protection or risk-sharing with banks.
Who is Purchase of Receivables suitable for?
The solution is suitable for medium-sized and large companies connected to Swedish exports, with either recurring business flows or larger one-off transactions.
Can Purchase of Receivables support international trade?
Yes. The solution is particularly valuable for export-oriented companies, as it reduces risk in cross-border transactions and improves access to working capital in international markets.
Can SEK collaborate with other banks?
Yes. SEK frequently partners with commercial banks in risk-sharing structures, enabling larger programmes and increasing financing capacity for clients.
How does Purchase of Receivables differ from Supply Chain Finance?
Purchase of Receivables is typically initiated by the seller to improve liquidity and reduce risk. Supply Chain Finance is usually buyer-led and enables suppliers to receive early payment while allowing buyers to extend payment terms.
How can I get started?
Contact SEK to discuss your business needs. We will assess your situation and structure a solution tailored to your cash flow, risk profile and growth plans.