Factoring is a working capital solution designed to improve the cash flow of a business which sells goods and services on credit terms. Factoring will make funds available, even when banks would not do so. This is the fastest way to collect money on invoices generated for products delivered or services rendered.
In Factoring we purchase your account receivable (credit sales) at a discount and advance you upfront 70% -85%. You would not have funds tide up until the debtors make the payments. We pay you on behalf of your debtors. Factoring will help you to expedite the progress of your business while transferring the hassle of debt management to the factor.