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Invoice Financing

Invoice discounting is a product that exists for suppliers of supermarkets, private hospitals, private schools, insurance companies, hotels and other reputable companies. We provide instant access to cash that is tied up in outstanding invoices. This credit facility gives you access to extra funds to help you manage your day-to-day cash flow and working capital needs.

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Invoice discounting basically accelerates cash flow from customers, so that instead of waiting for your customers to pay within their normal credit duration, you receive cash almost as soon as you issue the invoice. We shall finance upto 80% of the invoice value to be repayable within 90 days in a bullet payment from the proceeds of the invoices.

Qualifying criteria
  • Copy of the original invoice duly acknowledged by the procuring entity.
  • Delivery notes for the goods supplied.
  • Letter of assignment of the receivables executed by the procuring entity
  • Latest bank statements for the business.