Mike FSC

Mike FSC

Share

I'm a market associates at factoring and supply chain finance LTD, Victoria island, Lagos. A subsidiary of Pan Africa capital holding Ltd.

FSC is a non-banking financial firm, license by central bank of Nigeria.

15/07/2023

Invoice factoring is essentially selling your outstanding invoices for one lump sum. A factoring company will buy your overdue invoices for around 80 to 90 percent of what they’re worth and take over all collection efforts.

Because the factoring company deals directly with your customers to receive payment, you can continue doing business as usual.

Invoice discounting is like taking out a loan against your outstanding invoices. A discounting company will loan you the full amount of your outstanding invoices, and you pay them back as you receive payment.

While you do receive the full value of your overdue invoices (unlike invoice factoring), you will have to pay interest on the loan. You’ll also still have to manage collections efforts so that you can repay the discounting company.

Choose the one that is best and convenient for you and start sending in your invoices.

14/07/2023

Revenue is vanity, profit is sanity, but cash is king. A business may find it extremely hard to take their eyes off cash, as cash flows are the life blood of a business. Irrespective of the size, scale or nature of a business, it’s critical to maintain a fine balance between cash inflow and outflow. And deficits, if any, must be met, or else the survival of the business is under threat.

Ensuring a steady supply of cash is not easy, and for small businesses, this problem is even more acute. Insufficient cash translates into delays in delivering current orders and the inability to take on new ones.

why still delay, contact Us and Supply Chain Finance with your organizational cashflow challenges, lets help finance them for you.

10/07/2023
Photos from Mike FSC's post 25/04/2023

Turn your unpaid invoices into cash and eliminate long account account receivables cycle, factoring allows you to quickly fund your short terms working capital and business needs.

when you work with us, we will efficiently take care of your cash flow,so you can productively attend to your business needs. We are set for business.

Photos from Mike FSC's post 25/04/2023
25/04/2023

Turn your unpaid invoices into cash and eliminate long account account receivables cycle, factoring allows you to quickly fund your short terms working capital and business needs.

when you work with us, we will efficiently take care of your cash flow,so you can productively attend to your business needs

13/04/2023

That unstable power supply, you can make it stable by installing Renewable Energy. it is affordable, reliable and cost savings on unnecessary electricity billings.

Take advantage of this opportunity today enjoy uninterrupted power supply via ownership of alternative sources of energy. #

Payment is done instrumentally. Send a DM for more clarification.

22/02/2023

Factoring is a financial transaction where a company sells it receivables (invoices) to a factor, who collects the payments directly from the business’ customers. Most businesses choose this option if they want to receive their cash up front instead of waiting the duration of the agreed payment terms.

Once a business has sold its invoices to a factoring company, they will be charged a factoring fee, which is commonly a percentage of the amount of receivables being factored. This amount can depend on a number of things, including the industry your business operates in, amount of receivables being factored, quality of your customers and the average number of days outstanding in receivables.

Want your business to be the top-listed Finance Company in Lagos?
Click here to claim your Sponsored Listing.

Telephone

Website

Address


Plot 9, Else Femi Pearse Street, Off Adeola Odeku, Victoria Island
Lagos

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00