Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /var/www/html/wp-content/plugins/fionca-core/breadcrumb-navxt/class.bcn_breadcrumb.php on line 121
GS CORE > For Customers > For Partners
SIA “GS Core” is a group company of the Swedish financial holding company “Marginalen AB”, which offers its cooperation partners to take over receivables accumulated in the balance sheet of your company as a result of cession transactions.
Cession is the quickest way to convert receivables on a company’s balance sheet into cash and invest it in the company’s future development or other purposes.
When executing cession transactions:
Administration costs related to the monitoring of debt amounts and control of the debt recovery process are significantly reduced
Provisions for doubtful debtors do not have to be made for cessioned debt amounts
VAT paid in advance may be recovered from the State for the amounts cessioned
As a result of the cession transaction, the company improves its balance sheet indicators, incl. economic profitability or ROA (return on assets)
By implementing cession transactions, the company reduces the workload of the Finance Department by implementing financial accounting in accordance with the new IFRS9 standard (less consumption of resources, fewer problem situations, fewer explanations, etc.)
If you want to start cooperation or you have questions about cooperation opportunities, please contact us:
GS Core SIA Reg.Number: 40203304955 Cēsu str. 31, k-3, Riga, LV-1012, Latvia Ph.: +371 26198822 e-mail: [email protected]
- Principal amount; - Loan interest; - Late payment interest; - Contractual penalty etc.
There are three ways to get paid off debt:
Pay all the debt at once*
The amount to be paid, EUR
0
Principal amount, EUR
0
Side claims, EUR
0
* in some cases, a discount is possible if the entire debt is paid in one payment. To negotiate a possible discount, please contact a GS Core customer service specialist (HERE).
The amount to be paid, EUR
0
Pay the debt in installments**
The amount to be paid, EUR
0
Principal amount, EUR
0
Side claims, EUR
0
** According to Article 1765 of the Civil Law, the debt will increase by 6% per year in relation to the main debt.
The amount to be paid, EUR
0
Pay the debt after the court judgment***
The amount to be paid, EUR
0
Principal amount, EUR
0
Side claims, EUR
0
State fees, EUR
0
Bailiff's expenses, EUR
0
*** The calculation assumes that: 1) the legal process lasts 6-8 months; 2) the claim is satisfied, but the client voluntarily does not comply with the court decision and the court decision is transferred to a sworn bailiff (ZTI); 3) the customer repays the debt within a year after the notification of ZTI on the obligation to fulfill the decision; 4) the remuneration of the office of the ZTI and the costs of execution of the judgment (including VAT) are calculated in accordance with the currently valid regulatory enactments.
The amount to be paid, EUR
0
The calculations of the calculator are informative in nature and are not intended for exact calculation of debt repayment.
Enter the customer portal and manage your commitments!