MCB Factors offers you instant cash against your credit invoices to meet your cash flow needs as well as a debt collection service when the invoices are due for payment. As an entrepreneur, this gives you the peace of mind and the freedom of time that you are looking for to increase the size of your business. MCB Factors also protects you against your debtors defaulting on their payments by offering you protection against debtor insolvency.
Effective solutions
With MCB Factors, you get:
- Cash (up to 90%) against invoices presented
- Fast access to cash, usually within 24h of presenting invoices
- Cash without requiring any collateral
- Protection against debtor insolvency
- A debt collection service from the invoice due date to the payment date
Advantages
With cash from MCB Factors:
- Pay your suppliers on time and secure their trust
- Pay your suppliers cash and secure discounts
- Extend your credit to secure new business
- Assure your customers that you can fulfil all orders
- Effect a timely payroll run and boost staff loyalty
Protection against debtor insolvency:
- Gives you a better vision of debtor risk
- Protects your own profitability
- Improves your own credit rating