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LB FINANCE PLC is the undisputed trailblazer in the finance industry, and as a part of the giant Vallibel Group, it continues to impress the business world with a refreshingly innovative and robust brand of financial stewardship, offering customers an unmatched products spread
coupled with a delightful service. At LB FINANCE FACTORING the solutions we provide will be
tailor-made to match your specific needs. Our professionalism and integrity are unparalleled.
Give us a call and we would be happy to meet you and help you discover a new world of
working capital financing.
Imagine if all your customers paid you tomorrow…. What difference would that make to your business?
Invoice Factoring advances up to 80% of your outstanding invoices the day after your raise them. Giving
you cash to pay suppliers promptly and invest in your business growth.
A NORMAL CREDIT TRANSACTION
The above is a profitable business with tremendous potential for growth. However, most often the limiting
factor is cash. A considerable amount of funds is tied up with debtors resulting in valuable management and
selling time being spent chasing behind receivables. Therefore, the question is would the business benefit
from a credit line where you could draw upon your debtor receivables as and when you need it?
A NORMAL CREDIT TRANSACTION WITH FACTORING
Once a Business enters into a
Factoring Agreement with LB Finance
Factoring, it has the luxury of getting
immediate cash on its Credit
Invoices. The process is simple as
illustrated in the diagram.
1. Invoice your client as usual for
the goods or services provided
2. Send a copy of the invoice to
LB Finance Factoring
3. LB Finance Factoring will make available
70% to 80% of the invoice value to you within 24
hours
4. LB Finance Factoring will collect the receivable from you
debtor in line with the pre agreed credit terms.
5. The balance payment will be made to you after deducting of charges
Our Vision is “To be the industry benchmark in
working capital financing”
In order to realize our vision we offer our clients;
Flexibility
LB Finance Factoring will provide you with a customized working capital solution to meet your specific
business requirement. We take a creative approach to problem-solving, building a solution based on our
financial strength which works best for you.
The quantum of funding provided by LB Finance Factoring will naturally grow with your business; thus
giving you greater flexibility. The more successful your business, the more funding we can make available.
Personalised
Our clients will have a dedicated relationship management team which will provide ongoing support to them
and their businesses. We understand that running a business requires hard work and dedication; we devote
that same commitment and dedication to you.
Cutting-Edge Technology
LB Finance Factoring is supported by a custom-built state-of-the-art Factoring and Working Capital
management solution. This latest streamlined system means that our clients will never be left behind; speed
is often the key in making decisions and winning new business. Our facilities will give our clients the
confidence, time and technology to make the right choices.
Peace of Mind
Our management team, which between them have over 50 years experience in supporting SMEs to
successfully grow their businesses, gives the client the confidence to develop and continue his business.
What Does it Cost
Charges will generally be less than Bank overdraft rates and do not require additional collateral. Two main
charges will apply
- Factoring Fee, charged as a percentage of the value of the invoice
- Discount, charged against the funds that you draw down from your funding availability.
Discount rate, factoring fee and prepayment percentage will be determined
by a combination of the following:
Monthly sales volume, your customer's credit worthiness and geographical disbursement, invoice sizes,
and average payment cycle.
The submission of a simple application along with an age analysis of your receivables will enable us to
make an indicative quotation.
Benifits
- Uninterrupted cash flow.
- Professional sales ledger management.
- Timely and accurate management information.
- Physical collection of debts taken over by LB FINANCE FACTORING.
- Meet seasonal demand.
- Offer better credit terms to your customers (debtors).
- Purchase inventory sooner and fill orders faster.
- Improve your company’s credit status.
- Fund marketing efforts to grow your business.
Our Service Pledge
- At LB Finance Factoring we strive to provide you with the highest standards of service. The relationship between you the client and us the factor is of paramount importance. We aim to foster a comfortable open relationship where you are free to contact us at anytime with your requirements, concerns and clarifications. We welcome your feedback on how we are delivering our service to you.
Quality Pledge
- We aim to conduct regular reviews throughout the life of the agreement to ensure that your funding requirements are appropriate for the changing circumstances of your business.
- We aim to monitor our performance against your expectations and will enhance the levels of service to you as a result of undertaking these reviews.
Contact Pledge
- From initial contact through on-going management of the facility, we aim to respond to your communications efficiently, speedily and with minimum fuss;
Call us for your customized working capital solution.
Pradeep 0777717516
Ransith 0777326607
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