Factoring
Accounts receivable factoring is a tailor-made package of financial services that can help you improve cash flow, improve collections and control exposure to bad debts. Essentially, it provides you with working capital to run your businesses and have the peace of mind that you will get paid for approved and undisputed invoices through working with ALC factoring.
Factoring With Recourse (Domestic/Export)
With Recourse factoring is a cash flow improvement financial service.
The Factor (ALC) provides its client a ledger management, collections, and finance services but no debtor risk coverage.
Factoring Without Recourse (Domestic/Export)
Without Recourse factoring is a cash flow improvement financial service.
The Factor (ALC) covers the risk of bad debts or insolvency of debtors, provided that no valid disputes related to the receivables have been raised. The Factor provides credit investigation and credit protection, collection, litigation, and ledger management.
Purchase Factoring
ALC provides its client to pay their dues to the suppliers on a transactional basis, and to take advantage of early payment discounts or extended payment terms .
