Export bill under LC
This facility is offered in combination with the basic International Factoring Facility. LCs of prime banks acceptable to the bank are discounted. Banks have an internal system of risk assessment, which enables them to provide value-added services to clients who avail International Factoring Services.
Product Features:
- Finance up to 100% of the LC value
- Sales ledger management and analysis
Export bills under D/A terms
International Factoring is a comprehensive receivable management service encompassing finance, collection, sales ledger management and credit protection for exports on open account terms.
Product Features:
- Finance up to 90 % of the Invoice Value
- Credit Protection & Management
- Collection Services
- Sales Ledger Management and Analysis
Local Invoice or Bill of Exchange based discounting
With introduction of domestic factoring facility in India, we can offer more solutions to our clients. Now, clients having sales in domestic as well as international markets can find a single solution. Depending on the clients’ requirements,
we offer three variations in our domestic factoring products:
- Domestic factoring with recourse
- Domestic factoring with credit protection
- Bill Discounting
Usually, this arrangement is used when the buyer and the seller have a long-term trading relationship.
Product Features:
- Financing up to 90% of the Invoice / Bill Value
- Credit Protection & Management (optional)
- Collection Services . Sales Ledger Management and Analysis
