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Western Cape Business Directory
Merchant Factors |
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Buitengraght Street
8000
Cape Town
Cape Town
Email:
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Website
Contact Person: Deon or Laura
Phone: 0214665244
Fax: 0214243784
Cellphone: 0847262494
DEBTOR FINANCE
Factoring is the process whereby companies are forwarded cash against their debtors book. Their debtor’s book is in fact sold to the factoring house or factor, which administers it and takes a fee. Factoring is a very popular form of finance – if not as popular as overdrafts. The factoring house purchases the debt due to its client’s company. “The advantage we have over banks is our quick turnaround time and our flat management structure.
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Cape Business Directory 
