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IDB Factors

Overview:

Factoring By DesignSM is the reason for IDB Factors' growth since its inception in 2000. A division of IDB Bank, IDB Factors is a full-service factor specializing in designing creative and innovative factoring and financing packages. Our Factoring By Design plans are tailored to suit your specific needs. No off-the-shelf solutions, but custom-designed answers that work. Whether your company is a start-up operation or a long-established business, our experienced factoring professionals can help you manage your accounts receivable and provide the working capital you need to grow. We take pride in our dedication to meeting our clients' financing needs and our responsiveness to any changes in their business plans.

Other Reasons to Consider a Factoring By Design Plan from IDB Factors:

   * Credit protection
   * Complete line of factoring products and services
   * Highly personalized service with one-on-one attention
   * Rapid turnaround
   * Internet-based system available, including ability to request and monitor customer credit lines
   * Quick, efficient processing of invoices
   * Experienced professionals who stay on top of market trends and understand your business
   * Turnaround in customer collections enhanced

Factoring By Design Products:

   * Factoring: Credit protection, accounting services, cash application, collection services, Internet-based system and reporting
   * Financing: Revolving lines of credit secured by accounts receivable, inventory and seasonal overadvances
   * Import Financing: Letters of credit for importation of goods utilizing IDB Bank's state-of-the-art online letter of credit system
   * Term Loans: Secured by equipment, real estate and intellectual property rights
   * Non-Notification Factoring: Credit protection without notification to customers, and advances on credit-approved receivables
   * Bulk Accounts Receivable Purchase Program: For larger companies that are looking for credit protection and advances on bulk purchased accounts receivable
   * International Factoring: For your foreign-based customers

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Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

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