FilCredit Finance and Capital Development Corporation
banking services, Consumer Finance Companies
Our main loan product is RECEIVABLES (invoice) FINANCING. RF is a credit facility that helps your business increase the working capital to fund projects right away or to settle unexpected expenses.
Once good and services are delivered, invoice will be issued to your customers. It would sometimes take 30 to 120 days for the payment of your services. If this is too long for you, you can make a smart move. RF is a financial transaction wherein accounts receivables (invoices) are assigned to a receivables financing company (FC). This way, 75% of the invoices will be given to you in advanced less the charges and interest. Once the assigned invoices are collected, we will refund you the 25% of the invoice value. More so, you are entitled to a rebate, if payment/collection is earlier than maturity date.
, Consumer Finance Companies
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