FAQ General

Is there a financing limit in factoring?

Answer
Factoring financing adapts to the evolution of your trade receivables. For instance, the more you sell, the more we finance, given that sales are free from commercial disputes and are on credit worthy buyers.

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Am I eligible to factoring services?

Answer
If you sell on credit (not exceeding 150 days) on a diversified portfolio of debtors (B to B) you will most probably be eligible for factoring.

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Can I assign invoices prior contract date?

Answer
We will normally consider starting factoring agreement with fresh invoices at the start of a new month.

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How much time does it take to obtain a factoring quote?

Answer
Following completion of our application form and submission of all required documents, we generally make an offer within 5 working days.

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Must I assign all my clients to MCB Factors?

Answer
The whole portfolio must normally be assigned to MCB Factors Ltd. However, selection on objective criteria can be considered.

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What if my client feels uncomfortable to work with MCB Factors?

Answer
You are still responsible for managing commercial relationship with your clients as only the collection service will be outsourced to MCB Factors. MCB Factors has more than 10 years experience in factoring and performs collection on more than 7,000 debtors in the domestic market.

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What is the maximum credit period I can give to my customers?

Answer
The maximum credit period is 150 days.

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Would I lose visibility on my portfolio of debtors?

Answer
MCB Factors offers you a full range of reports which will help you track status of all invoices assigned to us. We also customize our reporting to our customers needs.

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Contact information


MCB Factors Ltd,  
MCB Centre,  
9-15 Sir William Newton Street, Port Louis,  
Republic of Mauritius

MCB Factors

Phone: (+230) 202 5701

Email: