Receivable Discounting

Receivable Discounting
Managing your funds to bring you capital

We let you release your invoices as fast as possible by being the middle man between every vendor and buyer transaction. No more outgrowing your traditional credit line, you can retain your equity, get the most of supplier discounts and even eliminate the need to pledge collateral. What more you can even, keep tab on your sales ledger and receivables and pass off your credit risk to the Bank.

Benefits
  • You can get facilities proportionate to your sales
  • Have 85% of your invoice value immediately paid for
  • Enjoy internal security, it need not be tangible
  • Get free connections to your real time IT systems
  • Let debtors give you collections
  • No exit fee
  • You only have to pay a pre-agreed administration charge for the services we deploy i.e. managing your sales ledger, collection of receivables and credit advisory services

 

Eligibility
  • With just an interest for funds, drawn against your invoices computed daily, debited to your account monthly
  • You only have to pay a pre-agreed administration charge for the services we deploy i.e. managing your sales ledger, collection of receivables and credit advisory services