Factoring

By: Lock Finance  06-Dec-2011

Imagine how much easier life would be if most of your business sales were in cash. Our company Factoring product can provide immediate access to cash tied up in the debtors ledger.

In addition, we look after the day to day management of accounts receivable, so precious time is not wasted chasing customer payments.

When we receive full payment a company receives the remaining funds less interest and costs. There is no fixed limit so as sales grow so can your access to cash. With cash on hand there is the opportunity to negotiate better prices from suppliers.

Factoring is ideal for developing/fast growing companies and businesses with low levels of equity or company assets.


Other products and services from Lock Finance

06-Dec-2011

Working capital

Whether it is due to rapid growth, seasonality or lack of time to chase debtors or a long business cycle, the end results are the same pressure, under performance and the inability to grow. This option is ideal for companies who require immediate access to cash to improve cash flow and do not want to use personal property as security. It is a shortage of cash and the inability to maximise cash flow.


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Trade Finance

Our extensive experience in international trade, including international payments means we can offer a full range of trade finance products that are supported by an individually focused service. Our trade finance facilities enable you to access cash tied up in debtors and stock effectively bringing future profits into your business for use today. The cost of holding stock or waiting for stock to arrive from overseas can slow sales growth.


06-Dec-2011

Debtor finance

This product is ideal for more established companies who are experiencing growth or seasonal constraints and want to maximise the amount of cash they can borrow against their business assets. Our Debtor Finance product can provide immediate access to cash tied up in the debtors ledger. Imagine how much easier life would be if most of your business sales were in cash. Establishment fees and interest charges apply.


06-Dec-2011

Products - Business Finance

Whether you need funding for a new business start-up, MBO, an acquisition, cash flow financing, to consolidate debt or simply to support organic growth, we can help. We've helped businesses achieve their financial goals in all sectors including importers, distributors, wholesalers, manufacturers, exporters and service providers.