Invoice Discounting can be availed by:
Invoice Discounting is confidential as the details of the customers or buyers are retained with the seller and the customers are not aware of the discounting agreement. In Invoice Factoring, the lender or the factor contacts the buyer for payments and payments are made directly to the bank. No confidentiality of customer information is maintained.
Invoice Discounting does not require any property security as a collateral. Your debtors or your Accounts-Receivable ledger for which you seek finance will be your collateral.
Invoice Discounting will work for you if you have:
Invoice Discounting will depend on the following factors:
The amount of loan sanctioned to you depends upon your financial requirement and credit assessment. We can grant up to 90% of the invoice value depending upon the terms and conditions.