The factoring relationship with IFCI Factors has been designed to accommodate the business financing needs of both new manufacturing companies as well as those that have been existing for years.
You may need to scale up operations to meet the growing requirements of your customers. Factoring ensures that your money is not locked in net terms extended to clients and could be invested back into your day to day operations.
Service providers such as EPC Contractors, Logistic Companies, Advertising companies and outsourcing firms etc. benefit the most by factoring their accounts receivables. Companies that are providing a service to other commercial businesses can seldom offer tangible assets to pledge against a traditional bank loan, blocking their access to working capital.
Factoring from IFCI Factors can provide the cash you need to bring your business plans to life; grab new opportunities; invest in marketing, meet payroll demands, meeting other expenses or simply negotiate better terms with your clients. With factoring, you focus on what you do best; sales, development, customer service and growth, and we focus on what we do best, factoring, and assuring you steady cash flow for your financial success.