We are a leading financing company based in the Dubai International Financial Centre (DIFC) and fully regulated by the Dubai Financial Services Authority (DFSA). We are a member of the FIM Bank Group (www.fimbank.com), one of the leading standalone providers of Factoring and Forfaiting services with the ability to support Trade Finance needs of varied businesses. Further, we are also a member of the International Factors Group (IFG), a representative body of global factors and business groups with associated interests. We are strategically positioned to cover the Middle East through our partners, associates & group companies and offer a truly intra-regional product suite.
What is Factoring?
Factoring is a full suite of services designed to
enhance receivables collection and improve cash flow of businesses
thereby offering the businesses a competitive edge in their markets
(domestic and abroad). Factoring is a flexible and can be a cost
effective financing tool that offers businesses cash flow solutions
that resonate to day-to-day business needs.
Factoring can be offered to customers in a number of modes:
Reverse (Purchase) factoring
We also provide other financing products such as forfaiting where credit instruments such as avalised bills of exchange, letter of credit, promissory note or other freely negotiable instruments are purchased on a non-recourse basis.
Benefits to Businesses
Companies trading on open account or credit terms can assign their receivables to Menafactors and benefit from:
Risk protection, and naturally
Financing facilities for trade transactions
With unrivalled knowledge of factoring, sophisticated technology platforms, and a global network, we are strategically positioned to help manage your working capital needs.
Please request a meeting today by contacting us at: