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Factoring is a complete financial package that combines working capital financing, credit risk protection and accounts receivable book-keeping. It is offered under an agreement between the so-called ‘factor’ and a seller.

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How It Works?

CCI concept of factoring is so broad that we consider:

  • current values of invoices

  • purchase orders

  • contracts

  • promissory notes

  • bill of exchange

  • bill or lading

  • legal judgement

  • and any other document that supports an accounts receivable from a customer.

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This financing solution is initiated by the ordering party (the customer/buyer) who is seeking to support the financial capacity of its suppliers to finance their receivables more easily and at a lower interest rate than what would normally be offered.

Services: Services
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