General

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.

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.

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

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

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

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.

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.