VAT Receivables Purchase (Without Recourse)

Assign your VAT refund claim to unlock liquidity now — without waiting for the tax authorities.

A VAT receivables purchase without recourse is a financial solution that enables businesses to assign their VAT refund claim—whether already filed or yet to be filed—to a bank or a specialized financial institution.

Under a without recourse arrangement, ownership of the VAT receivable is transferred to the purchaser, allowing the business to access liquidity without waiting for the tax authorities to process the refund. Subject to applicable laws and the terms of the agreement, the purchaser assumes the credit risk associated with the VAT refund.

This solution helps improve cash flow, optimize working capital, and provide greater financial flexibility.