FIMBANK

A Global Force in
Trade Finance

Purchase Factoring

This package is designed to improve your purchasing power vis-à-vis either domestic or foreign suppliers by ensuring that payments to these are undertaken promptly.
 
If you are purchasing on open account terms, you can benefit from the following:

  • You can take advantage of early payment discounts, as prompt payment would be made to suppliers immediately upon confirmation of your liability to pay us, usually through a promissory note.
  • You can also take advantage of extended payment terms, wherein we would pay on due date of the invoice, provided we have confirmation of your liability to pay us, usually through a promissory note.
Purchase Factoring Sheet download pdf 
Purchase Factoring Flash Animation download presentation