Factoring Services

Factoring Services

Factoring Services

Factoring is a type of customizable debtor finance that works to address companies’ working capital needs and scale-up ambitions by selling existing or future occurring accounts receivable to a factoring company. A business may also factor its receivable assets to increase its immediate cash flow. Our range of factoring services assist clients in improving their financial position and increasing their cash flow by transforming their accounts receivable into cash, offering access to fast cash transfer services, and facilitating international trade by handling collections on behalf of our clients
Financing

Financing

The factoring company offers cash to the client by acquiring its qualified accounts receivable at a discounted rate

Receivables Administration

Receivables Administration

The factoring company maintains record of the client’s assigned invoices and payments through a globally recognized factoring software system. The factoring company then regularly sends statements to debtors as part of the collection process and offers client regular reports on the status of their receivables

Domestic Factoring

Domestic Factoring

Domestic factoring is offered to clients against its domestic receivables

Purchase Factoring (Reverse Factoring)

Purchase Factoring (Reverse Factoring)

Reverse factoring facilities are offered against supplier invoices

Accounts Receivable Collection

Accounts Receivable Collection

The factoring company collects payments from debtors amounting to the face value of the receivable

Credit Cover

Credit Cover

The factoring company shields clients from debtors in the event of insolvency by paying the client 100% of its receivables

Recourse Factoring

Recourse Factoring

Recourse factoring allows the client to finance accounts receivable from us, leaving credit risk with the client and allowing us to provide financing to clients of all risk appetites

Export Factoring

Export Factoring

Factoring facilities under these arrangements allow clients to receive facilities against their export receivables. General rules of international factoring apply to this type of facility

Import Factoring

Import Factoring

Under these agreements we act as an import factor where an overseas seller trades with local buyers. We collect payments, and in non-recourse, and offer credit cover in the event the buyer does not make scheduled payments or becomes insolvent. General rules of international factoring are applicable to this type of facility

Fully Secured Factoring

Fully Secured Factoring

We grant facilities that are fully secured against a letter of guarantee from an approved bank or cash cover from the client