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Flexible Funding with Factoring - ' The Alternative Factor'
The Problem
Funds locked up in receivables
The Solution
Factoring- a practical solution and flexible alternative to traditional forms of funding, allows you to respond quickly to changes in market conditions
 

 

Introduction to Factoring

Factoring is a flexible alternative to traditional forms of funding. It allows you to respond quickly to changes in market conditions and matches your cash flows with your business requirements, thereby facilitating increased production and sales.

Factoring enables you to:
Instantly turn your receivables to cash
Avail credit protection for your receivables
Take well informed credit decisions
Outsource your sales ledger administration 

Factoring thus not only helps you in expanding your business, but also provides you with an efficient collection mechanism and protection against bad debts.


Types of Factoring

Domestic Factoring:  
For open account credit sales of goods and services made within India. Services offered primarily comprise of funding, sales ledger administration and collections.

  International Factoring:

For open account credit sales of goods and services to overseas buyers. Services offered primarily comprise of funding, credit protection, sales ledger administration and collections.

For your convenience : 

We take over collections, leaving you to concentrate on business development.
The number of intermediaries that you have to deal with is reduced.
We maintain your sales ledger for your factored receivables.
 
Advantages to you from Factoring :
Instant access to your earnings instead of waiting to be paid by your customers. Instant cash against receivables leading to improved cash flows.
The funds advanced will enable you to make bulk purchases and enjoy quantity and early payment discounts from suppliers.
The increase in cash will lead to further increase in sales.
Factoring offers credit protection for international factoring, so you will get your money even if the customer is unable to pay, subject to conditions in Factoring.
 

 

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