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Factoring

We Take Care of Your Debts

Our factoring facility gives you the opportunity to sell your trade debts or accounts receivables to a third party called factor (the bank).

 

 

 

 

The bank pays the seller a percentage of the invoice value (usually up to 80%) and assumes ownership and full responsibility for the debt.

The remainder of the invoice amount less the factor’s fees, is paid to the seller when the debt has been fully paid. This provides your business with an expanded and reliable source of financing.

For more information, call Daniel Moncar on +233(0)302-202077 ext.  2521