Foremost Factors Ltd. (FFL) was set up as a joint venture with Nations Bank (Bank of America) in 1997. It was a pioneer in bringing export factoring into India. Foremost Factors Limited, since its inception, has undergone shareholding changes with major shareholders currently being IFCI and Mohan group of companies. 

Building relationships is vital to your business prospects. For us, this means getting to know you as a client in detail even before you appoint us. Once a relationship is established, we keep ourselves fully up to date at all times with your business and your customers. We become one of your main business partners and ensure highest quality of service delivery to you thus enabling you to stay ahead in a highly competitive global market.

Foremost Factors Ltd. - Best Factoring Service Provider 

The key factors which help distinguish Foremost Factors Limited as the best factoring service provider are as follows:

	Relationship:
	At Foremost Factors, we believe in proactively developing strong and lasting relationships with our clients, their buyers and our correspondent factors (for export factoring). We continuously endeavor to develop transaction structures that best meet the needs of our clients as well as their buyers.

	Reliability:
	Being the pioneers in bringing International Factoring to India, we have had a rich experience of over six years behind us which enables us to understand the needs of our clients in the context of their market and service them in the best possible way.

	Flexibility:
	We provide innovative, customized solutions which are driven by a forward looking management style, sound understanding of the key credit issues and a thorough understanding of market practices.

	Service Quality:
	A lean organisation structure supported by an internationally recognised top of the line software platform ensures operational efficiency and translates into delivery of high quality services to customers.

1. Turnaround Time: Foremost Factors prides itself in responding quickly to the demands of its customers, which in turn empowers them to capitalise on the attractive opportunities offered by an ever dynamic market.


2. Consistency: With a strong infrastructure and efficient operations, Foremost Factors is able to maintain high service levels related to providing timely funding, follow up for collections, credit protection and management information.

1. Discount Charge: This is levied at the month end based on actual fund utilisation by the client.


2. Service Charge: This is levied at a flat rate on the gross invoice value. It covers the cost of credit protection, sales ledger administration, processing and collections.