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Continuing Arrangement
Everyone needs financial flexibility
now and again. |
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At last you can enjoy the benefits of your credit sales, without waiting for collections.
Because SBI FACTORS & COMMERCIAL SERVICES PRIVATE LTD helps you do it.
Based on the fact that cash flow is the driving force of your business and since you are heavily dependent on the timely realization of receivables, the last thing you can afford is delay or its consequence-liquidity problems and reduced turnover, profits etc.
With SBI Factors you get instant cash obviating the need to wait for payment of bills. |
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Export Factoring
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| Under Export Factoring, we factor export invoices drawn on overseas buyers and prepay to clients an agreed percentage of the invoice value immediately. We are members of FCI which has members 188 members spread over 50 countries around the world. Under two-factor system, the factor handling the collection of export receivables of clients (exporters) is called Export Factor (EF) and the factor in buyer’s country who undertake collection and credit protection services is called Import factor. |
Domestic Factoring
Under With Recourse Factoring, if buyer fails to pay us, recourse is made to you. In case of “Without Recourse Factoring (WRF) ”, no recourse will be taken against you. Without Recourse Factoring is a finance option, which is an off-balance sheet item, and it improves Return On Assets (ROA) substantially.
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