More and more businesses are using factoring to settle trade transactions with an estimated of more than ten million customers worldwide. Among the benefits from factoring that such businesses are reaping include consistent cash flow, lower administration costs and reduced credit risks, hence allowing the business more time to focus on its core activities.

These advantages are especially important for small and medium-sized businesses. This flexible method of managing trade debts enables them to obtain cash for their domestic and international accounts receivables by selling them to a ‘factor’. The receivables, normally owed on short and open terms, can be sold on either a recourse or non-recourse basis.

At IFSB, we provide professional assistance with regards to credit control, collection and sales accounting. We are able to match your requirements with our solutions, and work closely with you to meet specific financial goals or needs for your business.