Prominent Finance & Investment Ltd.

Corporate Finance

Invoice Factoring

Factoring is a financial transaction where a business sells its accounts receivable (invoices) to a third party at a discount. It is a highly effective tool for businesses looking to accelerate cash flow without taking on traditional bank debt.

At Prominent Finance & Investment Ltd., we unlock the capital tied up in your unpaid invoices. Instead of waiting 30, 60, or 90 days for customer payments, our factoring services provide immediate liquidity so you can pay suppliers, meet payroll, and confidently accept new orders.

Why Choose Factoring

Unlocking Business Potential

Immediate Cash Flow

Convert your outstanding invoices into working capital instantly, effectively bridging the gap between billing your clients and receiving payment.

Debt-Free Funding

Because factoring is the sale of an asset (your invoice) rather than a loan, it provides liquidity without adding liabilities to your balance sheet.

Credit Risk Management

We evaluate the creditworthiness of your corporate buyers before financing, helping you minimize bad debt and engage with reliable clients.

Who Can Benefit

Ideal For These Sectors

Manufacturing & Trade

Ensure continuous production by unlocking the capital tied up in long-term wholesale invoices.

Logistics & Transport

Keep your fleet moving seamlessly by financing freight bills instead of waiting for standard payment terms.

Construction Services

Pay contractors and purchase materials on time by factoring your completed project milestones.

B2B Service Providers

Maintain steady cash flow for staffing, security, and consulting firms awaiting large client payments.

Get Started

How Factoring Works

Our factoring process is designed for speed and simplicity, turning your commercial sales into cash in a matter of days.

Deliver Goods: You fulfill the order or complete the service for your client as usual.
Submit Invoice: Send the invoice to your client and submit a copy to Prominent Finance.
Get Advanced Funds: We advance up to 80-90% of the invoice value directly to your account.
Final Settlement: Once your client pays us, we remit the remaining balance to you, minus a small factoring fee.

Our Track Record

Factoring by the Numbers

BDT 1,200Cr+

Invoices Factored

48 Hours

Average Disbursement

500+

Active Clients

15+ Years

Industry Experience

Flexible Solutions

Types of Factoring We Offer

Recourse Factoring

You retain the credit risk. Ideal for businesses with reliable buyers seeking lower fees and higher advance rates.

Non-Recourse Factoring

We assume the credit risk of non-payment. Perfect for companies dealing with new or international buyers.

Confidential Factoring

Your customers remain unaware of the factoring arrangement, preserving your direct client relationships.

Export Factoring

Specialized cross-border factoring for exporters dealing with foreign buyers in multiple currencies.

Who Qualifies

Eligibility Requirements

Registered limited company or partnership firm operating in Bangladesh
Minimum 2 years of operational history with audited financials
B2B sales model with creditworthy corporate buyers
Invoice payment terms between 30 to 120 days
Clean credit history with no default records at CIB
Minimum annual turnover of BDT 5 Crore

Paperwork Made Simple

Documents You'll Need

Trade License & TIN

Valid trade license, TIN certificate, and VAT registration copies.

Sample Invoices

Recent invoices along with copies of purchase orders and delivery challans.

Financial Statements

Audited financials for the last two fiscal years plus provisional statements.

Bank Statements

Last 12 months of bank statements from all operating accounts.

Buyer Details

List of key buyers with contact information and payment history.

Directors' KYC

NID, photographs, and personal net worth statements of directors.

Smart Comparison

Factoring vs Traditional Bank Loan

Feature	Invoice Factoring	Bank Loan
Approval Time	24-72 Hours	2-8 Weeks
Collateral Required	Invoice Only	Fixed Assets
Balance Sheet Impact	No New Debt	Adds Liability
Funding Scales With	Your Sales Growth	Fixed Ceiling
Credit History Focus	Your Buyer's Credit	Your Own Credit

The Prominent Advantage

Why Partner With Us

Speed of Execution

Fastest disbursement turnaround in the local NBFI market.

Competitive Rates

Transparent fee structure with no hidden processing charges.

Dedicated Manager

A personal relationship officer for every factoring client account.

Digital Portal

Track invoices, advances, and settlements through our online dashboard.

Voices of Trust

What Our Clients Say

"Factoring with Prominent transformed our working capital cycle. We stopped chasing payments and started chasing new orders instead."

Rezaul Karim

MD, Karim Textiles Ltd.

"The 48-hour disbursement is not a marketing claim, it's a real experience. Our logistics fleet has never stopped rolling since we onboarded."

Farhana Islam

CFO, BlueLine Logistics

"Non-recourse factoring saved us during a buyer default. Prominent absorbed the loss and kept our business afloat. Truly a partner."

Tanvir Ahmed

Director, Ahmed Exports

Transparent Pricing

Understanding Factoring Costs

Advance Rate: 80% - 90%

Initial funding percentage against your submitted invoice value, released instantly upon verification.

Discount Fee: 1.5% - 3%

One-time service charge per invoice, calculated on the gross invoice amount based on tenure and risk.

Interest: Prevailing Market Rate

Charged only on the advanced amount for the exact number of days the funds are utilized.

Zero Hidden Charges

No application fees, no annual renewals, no early termination penalties. What you see is what you pay.

Common Questions

Factoring FAQs

Only if you opt for disclosed factoring. Our confidential factoring option ensures your buyers continue paying you directly, keeping the arrangement fully private.

We factor single invoices starting from BDT 5 Lakh. Bulk factoring facilities can be structured for portfolios with a monthly volume of BDT 25 Lakh or above.

No. Our facility is flexible. You can choose which specific invoices or which buyers to factor, giving you complete control over your financing needs.

Under non-recourse factoring, we absorb the loss due to buyer insolvency. Under recourse factoring, you would need to repurchase the invoice or replace it with another eligible one.

A first-time facility approval typically takes 7 to 10 working days after receiving complete documentation. Every subsequent invoice funding happens within 48 hours.

Startups with strong corporate buyers may qualify under a special SME factoring program. We assess the buyer's credit strength rather than requiring extensive seller history.