Receivables Financing
Improve your working capital and keep your supply chain moving with our range of receivables financing products.
We Provide
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Local bill discounting
- Reduce your company's cash conversion cycle, improve liquidity or capitalise on certain high-value Progressive Payment Certificates (PPCs)
- Receive discounts on any AED post-dated cheques up to the date of maturity and drawn from a UAE bank where the cheque issuer is in good credit standing
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Export documents discounting
We facilitate receivables financing with recourse in the form of export bills discounting against export Letters of Credit (LCs) and collections. Repayment tenors are fixed as per the export document tenor and industry standards
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Invoice discounting
We provide receivables financing with recourse in the form of invoice discounting for your local and overseas suppliers. Credit insurance is an option to protect your interest in the transaction and repayment tenors are fixed as per the credit period allowed in the invoice
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Progressive Payment Certificate (PPC) loan
Banking facilities can assist in the execution of projects from well-regarded payees. These facilities include, but are not limited to, discounted duly authorised PPCs that can ease your cash flow and provide the necessary liquidity