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An arrangement in which receivables arising out of sales of goods/services are sold by a client to the factor(a financial intermediary) as a result of which the title of the goods or services represented by the said receivable passes on to the factor .
Credit sales generate the factoring business in the ordinary course of business dealings.Realisation of credit sales is the main function of factoring services .
FINNCING TRADE DEBTS ADMINISTRATION OF SALES LEDGER PROVISION OF COLLECTION FACILIT CREDIT CONTROLE AND CREDIT RESTRICTION ADVISORY SERVICES .
FULL SERVICE NONRECOURSE(OLD LINE) FULL SERVICE RESOURSE FACTORING BULK / AGENCY FACTORING NON NOTIFICATION FACTORING .