Boost your cash-flow without impairing your growth!

When you need help to access your working capital, look no further than factoring. It eases your company’s access to cash beyond its own equity based on your customer’s credit rating. Many companies need additional cash flow to support seasonal demands, growth, and more. Every company is unique and you deserve something tailored to your needs – and that’s exactly what CIM Financial Services Ltd provides.

Cim Finance provides you with solutions that help you access the cash needed to support your business growth and save on administrative expenses. Our funding experts can discuss options with you and guide you to the best solution!

 

Stages of your application

  • Submit relevant documents 
  • If your file is approved, our representative contacts you to set up the facility
  • Send a copy of your credit invoices to Cim Finance and receive your advance within 24 hours following the submission of your invoices

Our strengths

  • Ease your cash flow by taking advantage of our financing services of up to 90% of the invoice
  • A dedicated team to advise you and keep track of your debtors’ position as well as providing a professional collection service and complete sales ledger administration.
  • No additional security required
  • Credit Cover to protect your company against customers'insolvency
  • Real-time access to your factoring account

Relevant documents

  • Business Registration Card
  • Valid operation licence
  • VAT Certificate
  • Proof of address of the business
  • Certificate of incorporation
  • Bank statements for last 6 months 
  • Audited accounts for last 3 years
  • List of debtors
  • Consent of Directors
  • Constitution or Memorandum & Articles of Association
  • Copies of identity cards and recent address of directors
The above list is not exhaustive and other documents can be requested if needed

Benefits

  • We help manage sales ledger and credit control processes
  • We provide a guarantee against the risk of customers’ insolvency through credit insurance
  • A dedicated professional team for collection services
  • Financing within 24 hours
  • No floating charge or additional security
  • Financing of up to 90% of the amount of the invoice

Factoring benefits

Cash

Cash consolidated with the financing of up to 90% of the amount of an invoice.

Credit cover

Protection against customers’ insolvency

No floating charge

No floating charge or additional security 

Real time access

Real-time access to your factoring account

Real time access

Financing within 24 hours

Team

A dedicated professional Team

Relevant Documents

Audited accounts for last 3 years

Bank statements for the last 3 months

Business Registration Card

Certificate of Incorporation

Consent of Directors or Memorandum & Articles of Association

Copies of identity cards and recent address of directors

List of debtors

Proof of address of the business

Valid operation licence

VAT Certificate