info@canbankfactors.com
Ph: 080 – 22420237/ 22420238/22420239

HOW DOES FACTORING WORK


  • 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.