India Factoring | Supply Chain Finance

News Details

Event with Chamber of Industrial & Commercial Undertakings

22/07/2024

IFFS North Team recently participated in the event organised by CICU (Chamber of Industrial  & Commercial Undertakings) In Ludhiana. During the event @amit tyagi spoke about factoring and its advantages for manufacturers and  exporters. Factoring offers following benefits for manufacturers and exporters :

  • Unsecured
  • Off Balance sheet
  • Non-Recourse Facility
  • 100% invoice coverage
  • No Noc from existing bank

CICU is registered as a non-profit making society, which represents Industry & Trade Sectors of the State of the Punjab Since 1968. Presently, they have direct membership of more than 1200 enterprises and indirect membership of 13,000 enterprises of 34 different associations affiliated as Associate Members. CICU has organized this event with theme of ‘World Class Manufacturing’ so that industries can be facilitated to build their Company product by strengthen their operations and increase Manufacturing Efficiency through Innovative technologies.

India Factoring and Finance Solutions Private Limited (A member of the FIMBank Group) has been market leader in export factoring since 2018. We are also winner of multiple global awards and accolades including FCI deal of the year, top multinational factoring provider, top 25 safest place to work and we are also great place to work certified since last 4 years.

#factoring #conference #speaker #tradefinance

Links to tag: https://www.Linkedin.com/company/cicu-fp/

Event with Chamber of Industrial & Commercial Undertakings