Need to enter the growing factoring market?
Coface Emirates Services Limited provides back-office "Facto Services" to Banks enabling a Bank to offer non-recourse full factoring to its clients.
The Facto Services business model offered here in the UAE has already proved successful elsewhere and provides an innovative Partnership to connect established banks with Coface's back-office expertise in factoring. Facto Services will allow Banks to best provide asset based receivable financing to corporate clients - by entrusting the debtor monitoring to Coface.
Partnership between Coface and the Bank:
We have You have
Strong brand Strong brand
Global coverage Access to key market
Reliable Service Dynamic and experienced Sales Force
Coface offers a tailored solution for Banks that want to develop a factoring solution with Facto Services. The Partnership strategy is a less risky way to launch a factoring solution in fast developing markets.
- Facto Services will enable the Bank to succesfully enter the fast growing factoring market.
- Instead of establishing complete new service departments, the Bank will have access to a professional factoring solution that draws on Coface‘s worldwide experience.
- The Bank provides funds and gets the whole spread.
- With the collaboration of Coface, the Bank will immediatly dispose of its own factoring solution.
Coface Emirates Services Limited provides back-office "Facto Services" to Banks enabling a Bank to offer non-recourse full factoring to its clients.
The Facto Services business model offered here in the UAE has already proved successful elsewhere and provides an innovative Partnership to connect established banks with Coface's back-office expertise in factoring. Facto Services will allow Banks to best provide asset based receivable financing to corporate clients - by entrusting the debtor monitoring to Coface.
Partnership between Coface and the Bank:
We have You have
Strong brand Strong brand
Global coverage Access to key market
Reliable Service Dynamic and experienced Sales Force
Coface offers a tailored solution for Banks that want to develop a factoring solution with Facto Services. The Partnership strategy is a less risky way to launch a factoring solution in fast developing markets.
- Facto Services will enable the Bank to succesfully enter the fast growing factoring market.
- Instead of establishing complete new service departments, the Bank will have access to a professional factoring solution that draws on Coface‘s worldwide experience.
- The Bank provides funds and gets the whole spread.
- With the collaboration of Coface, the Bank will immediatly dispose of its own factoring solution.
