Trade receivables financing enables a business to convert accounts receivable into immediate funds instead of waiting for payment when the receivable is due. This practice is especially beneficial to growing companies that need cash flow to finance expansion, take advantage of supplier discounts and meet any other financial commitments.

Our receivables finance products provide a range of features which can be tailored to your requirements. You can select which features you require.

These include the following:

Finance against Debtors Ledger - Financing of up to 90% of the value of the debtors ledger is provided on an ongoing basis. The finance facility operates in a similar way to a bank overdraft, and you only need to draw down the funds you require from the facility for your cash flow requirements each day.

Protection against Bad Debts - We provide 100% credit protection against undisputed debts due by approved debtors. The protection applies to insolvent debtors or in relation to debts which remain unpaid for a specified period after due date.

Export Debts and Foreign Currencies - Our facilities also apply to your export debts, and can be conducted in approved foreign currencies if your invoices are raised in those currencies.

Outsourced Collection Service - We can provide, if you require, a fully outsourced debtor administration service, incorporating collection activity on debtors, allocation of payments received, maintenance of the debtors ledger and distribution of statements and reminder letters.

We provide a range of reports in conjunction with the facility, to assist you with the management of your cash flow and your accounting functions. We strive to provide a flexible and responsive service to our clients to enable them to obtain the maximum benefit from the various features available with our facilities.