Just hand over your invoices for immediate cash and as we purchase your invoices we:
Advance you 70%-80% on the gross invoice value.
Establish a line of credit for your customer/debtor (after pre-vetting your debtor)
Provide you with online access to your account via Proximity. (logo to be inserted here)
Follow up and collection of your invoices by a full staff of trained collection personnel.
Remit to you the balance 20%-30% when the invoice is paid.
We factor various types of industries whether it be service, manufacturing, distribution, import and trading. With over 18 years of experience in the factoring industry we have provided facilities to businesses with :
Monthly sales of Rs.1 million and above.
Individuals doing businesses supplying to established companies.(supermarkets/hotels etc.)
Established companies requiring working capital to sustain rapid growth.
Manufacturing companies to meet day to day cash flow obligations.
