DS – Concept Factoring – A smart
Concept in Foreign Trade
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DS – Concept
Factoring is a multinational Trade Finance company having
its Head Office in Germany & branch / liaison offices in
Europe, Middle East , USA, Turkey, Egypt, Bulgaria, Hungary,
Bangladesh & Pakistan. DS – Concept Factoring has a joint
venture with the world leading European Insurance company
Euler Hermes which provide the credit shield to the
worldwide exporters & Importers. |
In Pakistan DS - Concept Factoring is registered with SECP
and Board of Investment, Government of Pakistan to operate as
Liaison office since April – 2006. DS - Concept Factoring is
the only company which provides customized solutions to the
Exporters & Importers with the credit invoice insurance without
any collateral or guarantee at economical price. Factoring is
selling your invoice with deferred payment term to get your
money immediately after shipment on acceptance from your buyers,
and 100% credit invoice insurance against receivable on credit
terms i.e., D/A, D/P, CAD, LDP or LC deferred terms of payment.
Cash flow security of invoices is the decisive factors for
the development and growth of any enterprise. DS - Concept
Factoring enable exporters to get 80 – 90% of invoice amount
just after shipment to support in smooth cash flow and also
provide 100% credit invoice insurance to keep exporters free
from any risk of bad debts.
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Syed Qaseem Jaffri, Country Head, DS-Concept Factoring
addressing to importers and exporters in Seminar. |
According to Mr. Qaseem Jaffri, Country Head DS - Concept
Factoring: We offer best opportunities for the promotion of
D/A business through factoring system. Pakistan has huge
potential of value added products for foreign trade. The trend
of foreign buyers is more towards credit terms which keep our
exporters under great mental stress for their receivables which
results in substantial loss of business if they refuse to accept
credit terms of the buyers. DS - Concept Factoring took up this
challenge by maximizing support to the exporters to achieve
their business targets. After the successful operation in
Export financing Solution, DS - Concept Factoring have
introduced ´Import Financing Solution’ for Pakistani Importers,
intending to import from any part of the world. DS - Concept
Factoring provides credit facility term from 30 days to 170 days
for each import transaction on a very economical price than
other financial institutions in Pakistan. No collateral or Bank
guarantee is required with no effect on existing credit lines.
In the present difficult times when the cost of business is
increasing every day and the banking channels are getting more
conservatives, DS - Concept Factoring can be considered as a
valuable partner, capable for delivering Cash flow, Security and
credit investigation of foreign buyers for the trading
companies. Courtesy: DS Factoring Pakistan.
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