Factors Assurance Program
Manage cash outflows for better financial performance
While our factoring product can help shorten your collection cycle, it is also important to optimize cash outflows. The key to improving your cash flow is to delay outflows while still meeting all your obligations on time. Proper cash outflow management involves establishing trade credit, securing trade discounts and negotiating longer payment terms with suppliers.
Our factors assurance program gives suppliers comfort and confidence to extend trade credit to our clients. We provide suppliers with a letter stating our commitment to sending payment directly to the vendor if the client is late with payment.
- Establishing trade credit history with suppliers
- Being able to take advantage of volume purchase discounts
- Taking advantage of trade credit which is interest-free financing