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Domestic factoring provides funding against invoices raised on customers within India. In addition to this, we also takes care of ledger management. Credit protection is also offered as an optional service feature.
Invoice Factoring is an alternate solution to domestic factoring, if you would like to avail financing against your accounts receivables, but would like to continue managing collections. The steps involved are the same, as domestic factoring except you to need not inform your customers about the arrangement with us. Your customers would continue to pay directly to you. we would not responsible for collections of the proceeds. As soon as your customers make the payments, you would have to remit the payment to Bank.
Export factoring provides immediate financing against your export receivables. Financing can be availed in Rupees or in foreign currency. We offer Credit protection for your export receivables. As part of the full service package, we also offer Sales Ledger Management wherein we handle all your ledger administration and collection jobs through our overseas factor partners, to save you, both time and overhead costs.
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