National Chamber conducts seminar on Factoring with SME Factors Lanka | Daily News

National Chamber conducts seminar on Factoring with SME Factors Lanka

The National Chamber of Commerce in association with SME Factors Lanka Ltd is conducting a Forum on "Factoring for SMEs " on November 5, 2015 from 2 p.m to 5 p.m at the National Chamber Auditorium .

The discussion will be based on the benefits of factoring for the SME sector and will be addressed by an eminent panel of speakers who has extensive experience in the financial industry. SMEs play an integral role in Sri Lanka's business economy as they amount to 80% of all businesses. Factoring provides small and medium enterprises (SMEs) with working capital financing. Through factoring, SMEs will be able to increase accessibility to various alternatives of financial support and working capital to grow their businesses.

Cash flow problems in an establishment often occur at the early stages of business development or during rapid growth.Getting a bank loan requires collateral and credit worthiness and this is not always possible. But in Factoring, cash advances of around 80% can be obtained quickly. For registration email fm@nationalchamber.lk 


 

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