Receivables Finance Distribution Arrangement
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Posted By
RESIMAC
At
4:37 PM
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Thursday, 15 April 2010
RESIMAC announced a partnership to distribute Receivables Finance products with Coface Finance Australia, a world leading provider of trade credit management services.
Receivables Finance improves cash flow for Australian businesses by providing instant funds against the value of outstanding invoices, incorporating the protection afforded by the Trade Credit Insurance services of Coface.
This initiative offers RESIMAC's third party intermediaries the opportunity to diversify and grow their revenue through auxiliary product offerings. RESIMAC will distribute this product through its services business Capel Court Financial Services which provides a number of key benefits to its brokers, including loan packaging, contact centre services, and access to a range of loan products from a variety of lenders.