With the end of an era of war, the Sri Lankan economy is poised for growth. The financial services sector will play an integral role in supporting this growth. LB Finance Factoring provides a pragmatic financial solution for businesses looking to exploit this opportunity.
Once a business enters into a factoring agreement with LB Finance PLC, it has the benefit of obtaining immediate cash on its credit invoices. Further LB Finance PLC will undertake to collect the receivables of the company, and hence the benefit to a company will be two fold.
"At LB Finance Factoring we provide our customers with customized working capital solutions to meet their specific and unique business requirements. We take a creative approach to problem-solving, building a solution based on our financial strength which works best for our customers. LB Finance Factoring is committed to enhance the benchmark of factoring and working capital finance by initiating revolutionary and simple financial tools which would give local businesses a vital edge," said Factoring, Corporate Lending and Investments Deputy General Manager Ransith Karunaratne.
Any business that sells on credit has the option of looking to factoring as a practical option to fund its working capital requirements, irrespective of size, form or geographical location.
LB Finance Factoring offers its customers flexible working capital solutions, personalized service, a custom-built state-of-the-art factoring system and most importantly peace of mind.
"The market response to LB Finance Factoring in this short time span of two months has been overwhelming. We pledge to continue to deliver unparallel high quality service to our customers, while setting the benchmark in factoring and working capital financing," said Karunaratne.
source - www.dailynews.lk
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