How is your business supposed to grow when it takes so long to collect accounts receivable? What do you do when you need quick access to working capital, but don't want to take on more debt and dilute your equity? With HDFC Bank these questions never become a roadblock and all you get is a complete factoring solution.
Under factoring solutions, HDFC Bank would purchase a pool of receivables or a set of identified receivables from the company. of large Corporates for purchase of goods.
Receivables may be purchased with specified margins