Lanka ORIX Factors Ltd (LOFAC)

Business Activities:
INVOICE DISCOUNTING:
A Product that offers funding benefits of factoring, but allows the client company to maintain full control of the sales ledger administration. Suitable to companies supplying goods and services on Post Dated cheques; companies who have developed systems to follow-up debts but require working capital financing.
COLLECTION OF DEBTS (OUTSOURCING ENTIRE/PART OF DEBT RECOVERY
This facility allows the constant follow-up and collection of debts by our professional collection staff.
TERM LOANS FOR WORKING CAPITAL PURPOSES:
1. Structured Revolving Loans in lieu of "Overdraft Concept"
11.Revolving Loans for Motor Vehicle Importers - A funding option specially designed for motor vehicle importers to bridge their working capital deficit. Hassle free borrowing against import documents of vehicles.
ORDER FINANCING
Mainly focused on wholesalers who are engaged in buying goods from manufacturers/importers. The funding is based on "Delivery Orders" issued by the respective manufacturer/importer.

Business Location:
100/1,Sri Jayawardenapura Mawatha,Rajagiriya