Seller Factoring (Invoice Discounting)
Seller Factoring (Invoice Discounting) is a with-recourse trade finance product under which the seller assigns their receivables—arising from goods sales, the provision of services, or engineering contracts—to Bank of China Sydney Branch for financing. Effectively, this product allows the seller to bring forward their future cash flows by monetising their current outstanding accounts receivables.
FEATURES
Based on commercial invoices and related trade documents. Enables early collection of receivables and enhances liquidity management.
