Company information Lanka ORIX Factors Ltd (LOFAC)
A Product that offers funding benefits of factoring, but allows the client company to maintain full control of the sales ledger administration. Suitable to companies supplying goods and services on Post Dated cheques; companies who have developed systems to follow-up debts but require working capital financing.
COLLECTION OF DEBTS (OUTSOURCING ENTIRE/PART OF DEBT RECOVERY
This facility allows the constant follow-up and collection of debts by our professional collection staff.
TERM LOANS FOR WORKING CAPITAL PURPOSES:
1. Structured Revolving Loans in lieu of "Overdraft Concept"
11.Revolving Loans for Motor Vehicle Importers - A funding option specially designed for motor vehicle importers to bridge their working capital deficit. Hassle free borrowing against import documents of vehicles.
Mainly focused on wholesalers who are engaged in buying goods from manufacturers/importers. The funding is based on "Delivery Orders" issued by the respective manufacturer/importer.
100/1,Sri Jayawardenapura Mawatha,Rajagiriya
•100/1,Sri Jayawardenapura Mawatha,Rajagiriya
•Lanka ORIX Leasing Company PLC
|Co.Registration No.||20 February 1991|
|Legal form||Public Limited Liability Company|
|Type of company||Head Office|
|Fax||+94 11 5365611,|
Key figures Lanka ORIX Factors Ltd (LOFAC)
Executives Lanka ORIX Factors Ltd (LOFAC)
Mrs R L Nanayakkara
Activities Lanka ORIX Factors Ltd (LOFAC)
- Service provider
- Information technology (IT) outsourcing services
- Financial management consultants and services
- Thematic information and documentation services
- Database information services
- Direct marketing services
- Advertising sales agencies
- Bullion brokers
- Credit reporting and debt recovery/collection
- Finance houses
- Independent financial advisers