Biz2Credit.in, a recently launched online platform in India that assists SMEs with their loan requirements has moved one step ahead by launching factoring services through its portal. Its factoring services offer a comprehensive receivables and payables management solution which includes transaction financing, credit protection, sales ledger administration and payment collection.
Currently the service is available in cities like Delhi, Mumbai, Pune, Indore, Chandigarh, Ludhiana, Bangalore, Chennai and Coimbatore.
Factoring services are a logical extension to our business. Biz2credit boasts of a strong presence in US and Indian market. Factoring is a service that covers the financing and collection of account receivables in domestic and international trade. It is a great solution for solving cash flow problems with a business, and also has tons of distinct advantages over more traditional options like a standard business loan or a small business line of credit. This gives your business instant cash instead of having to wait to receive payment which is why many businesses run into cash flow issues” informed Ramit Arora, Co founder & President, Biz2Credit.in
Besides offering standard credit solutions to the SMEs, Biz2credit provides finance solutions for all the sales and purchase requirements on the domestic front, and various export-factoring product services on the international level.
