FACTORING:

BD Finance has introduced an innovative product for your working capital solution- “Factoring of Receivable”, if your business runs on credit & with institutional buyer.

It involves the purchase of accounts receivable in a trade transaction. Through factoring, receivables are converted into cash before their maturity in a faster way. The seller gets instantaneous liquidity and the buyer gets credit at an affordable cost.  Factoring service enables you to focus on your operations, sales & profitability rather than on collection. This form of credit helps the company to boost up its sales and managing the receivables efficiently.

Salient Features:

  • Collateral free financing facility
  • Simplicity of documentation and approval procedures
  • Provides loan facility up to a certain limit
  • Instant payment against invoice, right after the delivery of goods or services
  • Increases purchasing power of channel partners
  • Improve cash flow of the business
  • Expand current business portfolio
  • Sales ledger administration
  • Follow-up and physical collection of payment
  • Monthly computerized reporting