Factoring is discounting of your receivable thereby converting your credit sales into cash sales immediately. we purchase your receivables with recourse basis and give you immediate credits up to 80% to 90% of the value of invoices. On due date the buyer makes payment directly to ‘Factors’ and thus liability is cleared. Thus Factors ensures smooth funds flow to you.
Factoring is discounting of your receivable thereby converting your credit sales into cash sales immediately. we purchase your receivables with recourse basis and give you immediate credits up to 80% to 90% of the value of invoices. On due date the buyer makes payment directly to ‘Factors’ and thus liability is cleared. Thus Factors ensures smooth funds flow to you.
Ø Improves cash flows and liquidity. Ø Helps in improving your turnover. Ø Better credit management. Ø Improves profit and makes your balance sheet healthier. Ø Strengthens your bargaining power with your Supplier / Crediotrs. Ø Hassle free processing for availment of limit. Ø Complementary to WC limits availed from Banks. Ø Follow up of each invoice by Factor and collection of dues. Ø Providing “off Balance Sheet” finance. Ø Imporved Current Ratio, Gearing Ratio and Better Turnaround period.
Ø Improves cash flows and liquidity. Ø Helps in improving your turnover. Ø Better credit management. Ø Improves profit and makes your balance sheet healthier. Ø Strengthens your bargaining power with your Supplier / Crediotrs. Ø Hassle free processing for availment of limit. Ø Complementary to WC limits availed from Banks. Ø Follow up of each invoice by Factor and collection of dues. Ø Providing “off Balance Sheet” finance. Ø Imporved Current Ratio, Gearing Ratio and Better Turnaround period.
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