OUR PRODUCT OFFERING
Factoring offers cash liquidity solution by improving a company’s working capital through sale of its invoices to the factoring company. It is an alternative financing tool apart from the conventional lending facility offered by traditional banking institutions.
SALARY ADVANCE FACILITY.
We understand businesses have to meet various payment obligations especially a high salary cost. We offer salary advance facility to our clients in helping our them to meet their salary payments on time.
LETTER OF SUPPORT.
We provide Letter of Support to assist businesses in the process of obtaining tenders awarded by government bodies and GLCs.
LETTER OF UNDERTAKING (LOU).
Issued to suppliers in order to release goods to businesses for scheduled or 'one-off' delivery to contract awarders.
The letter act as an agreement whereby we undertake to pay the suppliers after the goods are delivered and acknowledged to be in order.
WORKING CAPITAL LOAN.
Working Capital Loan is a facility offered to our factoring clients in providing them the flexibility by maximising the utilisation of its invoice value which has been sold to us.
PAYMENT COLLECTION AGENT.
We offer suppliers the assurance needed in securing their payments from contract awarders and assist sub-contractors in guaranteeing their payments from main contractors.
BANK GUARANTEE FOR PERFORMANCE BOND.
We provide assistance in the preparation of Performance Bond to fulfil requirements imposed by contract awarders.
PRE-FINANCING AND LETTER OF CREDIT.
A financing facility which offers payment directly to the client's suppliers for delivery of goods to contract awarder.
Available for foreign and domestic procurement.
Serves as financing option to improve working capital during business expansion or to cope with higher demands from customers.
Complements with existing banking facilities utilised by clients.