HSBC The world's local bank

If your business has a projected turnover of at least OMR 1 million, we can help

Benefits:

• Have up to 80 per cent of the invoice value made available to you on the next working day
• Only pay for the funds that you draw into your bank account
• Enjoy the flexibility of deciding when you want to take funding from us
• Access to funding even up to 30 days after the due date of the invoice
• We spend time chasing payments, so you don't have to

If your business has a projected turnover of at least OMR 1 million, we can help.

Benefits:

• Avoid the costs associated with Letters of Credit, while trading on open account terms
• Let your customers pay via their own local banks while you receive the funds from us
• Receive support from HSBC representatives in your customers' countries
• We offer financing against your invoices in your domestic currency as well as USD, GBP and EUR
• Cover the credit risk of your sales to multiple countries and customers under one HSBC Export Factoring agreement

If you are looking to improve your cash flow before receipt of goods and services, and your business has a projected turnover of at least OMR 5 million, then this solution could be right for you

• Receive funding against your invoices without customers being notified
• Up to 80 per cent of the invoice value could be made available the next working day
• Freedom to choose when you want to take funding from us
• Pay only for the funds you draw down into your bank account
• Receive funding up to 30 days after the invoice due date

Enjoy uninterrupted cash flow with our post-dated cheque deposit facility

• Provide goods and services to agreed-upon customers on credit terms and obtain post-dated cheques
• HSBC endorsement of your cheques
• Up to 100 per cent of cheque value, available to you, less charges
• Only pay for the funds which you draw into the account
• We securely retain and clear the cheques. Once the payment is made, you receive any remaining balance, less charges

We support your sales on open credit while reducing your exposure to bad debts

• Protection of your business from the risk of customer insolvency and delayed payments
• Shielding of your capital from bad debt, on both domestic and international sales
• In the event a customer fails to pay – still receive funding of valid invoices
• Your auditor may treat receivables finance as an off-balance sheet non-recourse transaction
• Avoid lengthy claims procedures, onerous reporting and an annual cap