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Opt for forfaiting service visit: https://www.indiafactoring.in/en/shareholders
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Forfaiting Service India Factoring
Forfaiting SERVICE Forfaiting is a type of trade financing that deals with exporters' overseas receivables. Any exporter who forfaits receivables can obtain payment from the forfaiter (Bank/ Financial Institution) at a discounted rate (i.e. selling receivables due from the importer on a "without recourse" basis)..
About INDIA Factoring • India Factoring and Finance Solutions Pvt. Ltd. is a financial services company specializing in working capital solutions through the Factoring product, aimed at converting your receivables into cash. • The company is a subsidiary of a European bank - FIMBank p.l.c., Malta, and is registered with the RBI as an NBFC – Factor. • FIMBank p.l.c. is a leading provider of trade finance, factoring and forfaiting solutions, with a global presence in various important financial and trading centres.
Features of Forfaiting • Forfaiting is a financial transaction that allows exporters to obtain money from the forfaiter quickly and at a reduced rate. As a result, they should sell the receivables to them and receive instant payment in cash. • Forfaiting is done through an intermediary, such as a bank or a financial institution that deals with forfaiting. • To know more about forfaiting visit: https://www.indiafactoring.in/en/shareholders