Small and medium sized companies with:
Growing sales   
Focus on large customers     
Debts with long repayment terms (up to 120/150 days).

We assess and establish credit limits for Debtors introduced by the Client 

The Client signs the factoring contract and Introductory Letter which is sent to each Debtor to inform of the Client's decision to sell its receivables to GE Capital                   

The Client sells its receivables to GE Capital as they come into existence. Each Debtor is notified of the transfer of receivables                    

The Client receives an advance proportional to the sum of receivables sold. The Debtor channels the payments to GE Capital                  

GE Capital credits the Client with the difference between the amount of receivables collected and the amount advanced (on net commission and agreed interests)               

We manage all aspects relating to debt administration.

With or without notification              
With or without written acceptance of the Introductory Letter from the Debtor
With or without written acceptance of the individual transfers made by the Debtor.

Cash available to cover debts with deferred payment

Optimization of cash flow 

Debt portfolio monitoring

We assess and establish credit limits for Debtors introduced by the Client 

The Client signs the factoring contract and Introductory Letter which is sent to each Debtor to inform of the Client's decision to sell its receivables to GE Capital                   

The Client sells its receivables to GE Capital as they come into existence. Each Debtor is notified of the transfer of receivables                    

The Client receives an advance proportional to the sum of receivables sold. The Debtor channels the payments to GE Capital                   

GE Capital credits the Client with the difference between the amount of receivables collected and the amount advanced (on net commission and agreed interests)               

We manage all aspects relating to debt administration.

Links

• Non Recourse
• Reverse (Supplier) Factoring
• Export