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Factoring Solutions

Factoring Solutions

Factoring Solutions

At HSBC, we understand that an adequate cash flow for working capital is one of the essentials for smooth running of your business. Our constant endeavor is to provide you with innovative services designed to meet your business needs.

HSBC introduces Factoring Solutions for Small and Medium Businesses. It is a structured working capital finance solution that’s includes finance against your domestic or export receivables, collection of receivables on due date, credit protection# and credit advisory services. It is an internationally accepted financing solution that allows you to convert your accounts receivables to cash thereby releasing the cash generation potential of your business.

 

Factoring Solutions

 

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Concessional Interest rate provided for SSI units

Features & Benefits

Raise Cash instantly

Factoring enables you to raise instant cash against your invoices. HSBC can pay up to 90% of the value of eligible invoices within a day of submission of invoice and the delivery documents.

 

No Collateral Security required

No Collateral Security needed to avail finance. You pay interest only on the actual funds utilization in your account.

 

Concentrate on your core business

The more your sales book grows, the more we’ll help you to turn your invoices into cash. This will enable you to respond more quickly to market opportunities. Collection of receivables is also managed by HSBC enabling you to concentrate on your core business activities.

 

Optimize your Cash flows

Avoid the hidden costs associated with providing extended credit for your customers. Improved cash flows can help you to negotiate competitive purchase terms with your suppliers. You can also choose additional services from our offering including our Credit Protection# service to protect yourself from bad debts that may arise.

#Credit Protection is offered selectively subject to applicable conditions