Factoring is a tailor made package of services designed to improve your cash flow and secure your debts thereby offering you a competitive edge in your markets, both domestic and abroad.
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What does Factoring offer?
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- Prepayment of Invoices (up to 80% of invoice value available immediately)
- Professional collection services in India and in more than 30 countries
- Protection against bad debts (up to 100%)
All companies offering credit terms up to 150 days to corporate buyers can make use of factoring services.
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How does Factoring benefit you?
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- Improves your cash flow – immediate cash upon presentation of invoices
- We collect on your behalf – you need not spend time on chasing overdue debts
- Avoid languages and time zone issues with your foreign debtors – we use correspondent network to collect debts
- Avoid losses due to bad debts – we credit cover your export buyers
- Fully unsecured – No securities to be provided
- Improve your Balance Sheet ratios – Off Balance Sheet solutions
- Increase your commercial competitiveness
- Focus on what you do best (your own business) and let us help you in what we do best – Finance, Collection and Credit Protection
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When does factoring apply?
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- Sales on open account credit terms
- Continuous business relationship with your buyers
- Clear title of receivables
- Assignable receivables
- Clean / Clear performance of the seller
- No counter-trade
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How much will it cost you?
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The pricing for factoring services has three major components:
- Fee to set up the factoring package
- Charge applied to the invoice value for the services rendered other than prepayment
- Discounting charge for prepayment of the invoice
Please request a meeting by contacting us at the address mentioned in the Contact Us section.
Alternatively send us an email.
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Factoring vs Bank Finance
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