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Overview

A short term borrowing alternative for supplier where billing cycle may be prolonged but the customer base is financially liquid and dependable.

By this, the bank let the customer to have a loan using unpaid sales invoices as collateral. Interest is charged on the amount borrowed, which usually be 80% – 90% of the total advance.

By providing instant working capital, Receivables Discounting helps out to optimize your cash flow.

Features

  • Outright fund to meet your financial requirement
  • Fast approval

Interest

24% per annum discounted

Penalty

5% per month in case of default

CLIENT STORIES

RD GROUP OF COMPANIES

Our excellence in performance has earned recognition in the different industries we operate.
We have 48 widely diversified business units and operations that span in the Philippines, Indonesia, Papua New Guinea, Netherlands and United States.