Grow Your Business with Account Receivable Financing for Faster Cashflow
Finworks360 is one of the fastest-growing online receivables finance platform, providing reliable services to hundreds of businesses operating in India.
What is Sale OF Receivables or Receivable Financing?
Sales of receivables or Receivable Financing is transferring the payment receipt from one party to another.
It is based on a company’s outstanding invoices on its buyers, that would generally come in 30-120 days. On sale the seller would get the payment upfront and investor would get at the end of credit period. This sale of receivables allows businesses to access funding against its debtor book, which is generally the company's major asset. Cash is then available as soon as invoices are raised to be reinvested or used to run the business.
Is it the right finance for my business?
This type of finance enables the business to raise funds on the Platform without putting a collateral. This also provide the business with the facility of collection services from the expert credit management team. This not only enables businesses to focus on core function of growing its business but also relieve the companies from hassle of collection.
Key Features
Collateral Free Receivable Finance
Avail Invoice Finance without pledging your share or putting assets as mortgage.
Maximum Receivable Finance
Release of funding up to 95% of the Invoice value to fund your business
Quick and Efficient
Our processes are quick and funds are released within 24 to 72 hours
Transparent Digital Process
Quick on-boarding and hassle free digital process ensure transparency in the transaction process.
Invoice Management & Collection Service
Finworks 360 provide the business with the facility of invoice management and collection services from the expert credit management team.
Convenience
The entire process is digital and can be carried out from anywhere and any place having internet access.
How does Sale of Invoice work?
Sign UpSign up for one time registration. Its quick and simple | |
On BoardingDocumentation and KYC compliance by Finworks360 | |
Listing of InvoiceRaise your invoice and upload the details using our secure online portal | |
Receive FundsUp to 95% of the invoice value is paid our straight away to Business (Seller) | |
Full N FinalThe remaining amount is then paid to Seller on receipt of the Debtor’s payment, minus fees and charges | |