CASE will make an advance payment against the receivables (on-going trade) purchased. CASE takes over the task of collecting the receivables as and when they fall due and keeps you informed of the status of your account through debtors ageing and payment reports, statements of account, etc.

This factoring facility applies to domestic sales.

1. Client performs sales contracts, delivers goods/services to customers.
2. Copies of invoices, purchase and delivery orders are submitted by client to CASE.
3. CASE makes initial payment (i.e. advances cash) against receivables. CASE gives statements of account, debtors' ageing and collection reports regularly to client.
4. CASE sends monthly statements of account to customers, as well as reminders and receipts.
5. Customers make payment to CASE upon due date of invoices.