Factoring

BSNC Leasing offers an additional financing option in the form of Factoring facilities to aid potential customers in meeting their contractual obligations awarded by government agencies, statutory bodies, government link companies (GLCs), and other acceptable institutions.

This facility essentially operates as working capital assistance, where BSNC Leasing purchases customers’ sales invoices, providing them with up to 80% of the invoice value. This advance enables customers to enhance their cash flow and create opportunities for further business growth without the need to wait for payment from their contract awarders.