Our services

Receivables Based Financing

Our core service is the provision of receivables based financing.  Our financing product has been designed for SMEs that require a cost effective, easy-to-use and flexible finance line that can grow with their business.  It is complementary to, not a replacement of, the SME’s existing banking relationships.

Our product is a discounted purchase of trade receivables which is:

• Confidential (i.e. non-disclosed to the debtor)
• A “true sale”
• Largely self-service (i.e. the clients perform various task themselves unlike a full service factoring contract)
• Based on the financing of individually selected debtors (i.e. unlike full factoring we do not require a sale of all trade receivables)

Our highly automated process is unique – financing can be made available within 5-7 days of application which compares extremely favourably to a full service factoring product which can often take several weeks.

Receivables Monitoring and Management

Our web-based IT platform, FinXpress, can be used by banks and financial institutions to remotely, yet actively, monitor and manage the receivables that they finance.

Reporting tools, on-line treasury and risk management functions are all available through our system.  Debtor information (invoices, credit notes, credit covers, payments, etc) and credit limits are updated within the system on a real-time basis thus ensuring that decisions can be made on the most up-to-date information available.

Receivables Servicing

Our multi-lingual team of receivables specialists can provide daily management services in relation to third party receivables portfolios in many West European countries.  The services include receivables purchase, collection, cash allocation and bespoke reporting. 

Our web-based IT platform allows our clients within this service area to have online system access to monitor our performance and the performance of their own portfolio.

Credit Insurance Monitoring

For institutions that simply wish to monitor and manage the credit insurance that they have in place for their existing SME clients, FinXpress is a highly effective and automated platform to do just that.  Our system has links into a number of credit insurance providers and credit limits are updated on a real time basis.  Bespoke services and reports can be tailored around this core service to meet individual requirements. 

Please do not hesitate to contact us for further information on any of these services.