About

Sell your receivable to an Export Factor. Under factoring a Factor purchases your receivable at a discount.

Our process

• Book an appointment with buzzBT
• At scheduled time our specialist will call you to understand the transaction.
• Based on the mandate received from you, buzzBT will negotiate for the best terms from the market. 
• Factor disburses the amount to the customer

Documents required

• Mandate letter in favour of buzzBT
• Details of the assignor, assignee and the type of factoring (with recourse or without recourse or on limited recourse basis.)
• KYC and Financial details as required by the lender

Rate of interest and fees

• ROI and fees depends upon the credit profile of assignor, assignee, type of factoring and policies of the factor