Factoring Loan
Financing solution that can help access cash quickly by selling outstanding invoices to a factoring company, without waiting for customers to pay.
Why Factoring Loan?
Improved cashflow
can provide businesses with immediate cash flow by converting their accounts receivable into cash.
Quick turnaround
can provide businesses with fast access to cash when they need it.
Access to capital
can provide businesses with access to capital that they may not otherwise have.
Credit risk management
can help businesses manage credit risk by transferring the risk of non-payment to the factoring company
How Does It Work?
Take a look how to apply our product financing, it's so simple and easy to apply.
Application and approval
The application will typically require information about the business, including financial statements and accounts receivable aging reports.
Sale of accounts receivable and loan disbursement
Once the loan is approved, the business will sell its accounts receivable to the finance company at a discounted rate, typically around 70-90% of the face value.ectly from the financing company, allowing you to fulfill your orders and maintain positive relationships with your suppliers.
Loan servicing and repayment
During the loan repayment period, the finance company will provide loan servicing, which includes collecting payments from the business's customers and updating the loan account information.
Pilon
Learn how Pilon Plus a cloud based app can help your business access reverse supply chain financing to provide significant and strategic cashflow for you.
FAQs
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More About Factoring Loan
Discover the Exciting World of Factoring Loan
Nina Ong
Flowercharm Ltd
Ready to Fuel Your Growth Ambitions?
Our team of experienced professionals is ready to work with you to develop a financing solution that supports your growth ambitions and sets you on the path to success.