Reverse Factoring
Designed for top-rated clients, reverse factoring facilitates the sourcing of the raw material / services.
Contrary to regular factoring – where funding is provided to sellers – reverse factoring is a facility provided to purchaser. On the request of purchaser, payment procurements is made directly to the seller, with purchaser’s commitment to repay on a specified date.
The facility enables the purchaser to settle the accounts payable promptly, also to command cash discounts from the seller.
This service is especially beneficial for clients with strong financial standings and established credit histories.