F&CSL provides Invoice Discounting facilities to contractors who require short-term funding and who have executed their jobs and are awaiting payment. This enables such contractors commence or continue with new business cycles while awaiting payment from their employers.
This product comes-in particularly handy when contractors have several purchase orders to execute and wish to meet all their targets. We on our part, will discount these invoices (between 60 to 75% if required) providing them with the needed cash to continue with their businesses while we await payment from the contract employer, following which accounts are reconciled and balance of payments are made to the client.