One of the most interesting products for the enterprises requiring funds for their growth story is factoring services.

1. Presentation on Factoring Solutions

2. What is Factoring ?
• Factoring is structured working capital finance
solution that includes finance against
receivable of your company , Collection of
Receivable on due date, Credit protection
against bad debts, and credit advisory
services.
• So Factoring allows you to convert your
accounts receivable into cash and thereby
cash generating potential of your business.

3. How does Factoring Works ?
Your Receivables (Debtors)
On Due Date Banker Collects Directly
Banker
Verification and Follow ups Make Payment on Receipt of Document's
Your Business
Submit Documents Receive Collection

4. Benefits of Factoring
• Enables Cash Against your invoices instantly
• Banks can pay up to 90% Immediately
• More sales , More better cash flow position
• You can offer better prices by offering more credit
period
• No Collateral Required
• Interest only on the actual funds used by you.
• Collection of receivable managed by the bankers

5. Modus Operandi for Factoring
• Survey of your sales ledger by Banker
• Credit Assessment of your company
• Setting up the credit Limited
• Signing of factoring agreement Limit
• Customers acceptance for routing payments
through Bank
• Forward copy of Invoice with documents to bank
• Liquidate the invoice on the same day.

6. Eligibility criteria's for Factoring
• Facility given to all entities like Proprietorship ,
Partnership Firm, Companies.
• Entity should be in operation since last three
years
• Entity should generate profits in last two
years.
• Entity should have positive net worth.
• The Turnover shall be at least 10 Cr.

7. Basic Documents Required
* Proof of Identity
* Proof of Residence
* PAN Card copy
* Sales Tax/VAT
Registration
* Copy of IT Return
* Registration under
shop & Establishment
* Audited Annual
Account for Three
years
* Projected Sales
* Net worth of
Statement
* Proof of Identity of Firm
* Proof of Identity of All
Partners.
Proof of Residence of all
partners.
* Partnership Deed
* PAN Card copy
* Sales Tax/VAT Registration
* Copy of IT Return
* Registration under shop &
Establishment
* Audited Annual Account
for Three years
* Projected Sales
* Net worth statement
* MOA & AOA of Company
* Board Resolution for
Availing Factoring
* Copy of the Latest Annual
Return
* Proof of Identity and
Residence of all Directors
* List of Directors
* Copy of Form 32 Filled
with ROC
* PAN Card copy of
Company
* Audited Annual Account
for Three years
* Projected Sales
* Net worth statement

8. S R Corporate Services Private Limited
Mail us at – info@srcorporate.com
Corporate
Office
• 617, C-Wing , 215 Atrium , Andheri Kurla Road, Near Courtyard Marriot,
Andheri East, Mumbai – 400059, Tel – 6111444 (Board)
Operational
Office
• Room 2, Third Floor, Abbas Manzil , Sahar Road , Chakala, Opp. Ciggrate
Factory, Andheri East, Mumbai – 400099, Tel – 42369555 (Board)
Operational
Office
• 11, Mistry Industrial Complex , Cross Road “A” , MIDC , Near Hotel Tunga
International, Andheri East, Mumbai – 400093, Tel – 42539501 (Board)
Contact Us