A short-term borrowing option for a supplier where billing cycles may be lengthy but the customer base is financially sound and reliable.
In this arrangement, the Bank allows the customer to borrow money using unpaid sales invoices as collateral. Interest is charged on the amount borrowed, which typically will be 80% - 90% of the total advance.
By providing immediate working capital, Receivables Discounting can help optimise cash flow.
Email us at or call us on [email protected], +971 552 677 087. You can also visit us at 39 Dubai Residential Oasis Damascus Road, Dubai,
United Arab Emirate.