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Factoring
   
 
 
 
 
 

Factoring is a service designed to enable the client to get immediate payment on his invoices/bills made against any supply / performance of service, thereby enhancing his cash flow. There are three distinct features built into factoring:

1. Financing
2. Sales Ledger administration and reporting
3. Collection

Benefits of Factoring is that the client can obtain upfront financing against credit sales, which strengthens his cash flow by releasing the working capital stuck up with the credit sales. This leads to faster growth, greater turnover and more net profit. This is a more comprehensive mode of financial service rather than mere financing. Our follow up of collection contributes to improvement in the client's overall collection performance. Our customer assessment enables the client to choose credible customers and fix safe credit limits which substantially improves credit administration.

 
   
 
   
           
           
       
       
   
           
           
       
       
   
           
           
       
       
       
   
               
               
               
 
 
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Last Updated: May 13, 2008  --  Copyright ©International Leasing & Financing Service Limited. 2007