Blog

20/02/2018
Ellinas Finance Public Company Ltd is seeking to employ a Factoring OfficerResponsibilities:Act as the accounts officer (under supervision) for the Factoring Services Department.  Duties and responsibilities include:Monitoring credit limits of clients,Preparation and monitoring reports for discounted invoices,Calculating discounted amounts,Submitting invoices into the Company’s software system,Communicating with clients and management...
16/02/2018
Reduced business activity is inevitable in any company’s trading cycle. With working capital loans you can finance operations, even during the depression phase of your trading cycle.As opposed to company loans, a working capital loan finances your company’s immediate operational needs. Short-term operational needs include accounts payable, employee wages, and other pressing costs to maintain overall company health.In other words,...
12/02/2018
Trade loans are a well-established trade finance technique, tailored to a company’s trading cycle. They are flexible and short-term in nature, and are predominantly used by exporters, importers and domestic traders to extend their working capital.By using a trade loan facility, a company can supplement the gap in their cash flow between the purchase of a product and the repayment they receive from an end-user. This enables businesses to...
09/02/2018
No-one ever said that running or starting a business is an easy journey, but with the help of a company loan, businesses could thrive. In a recovering economy, small businesses must search for a variety of mediums to attain capital. In some cases, business owners may turn to financial institutions for help to overcome a difficult situation.A company loan is borrowed capital that a company may use to invest in their expenses and to help business...
07/02/2018
An overdraft is a credit extension provided by financial institutions that can be linked to your monthly salary. It can extend the credit of your account when it reaches zero, providing you with more liquidity in order to cover unforeseen expenses. If you have difficulty allocating payments for your monthly bills and often find yourself with no cash at the end of the month, then an overdraft will help you cover your basic needs.Designed to cover...

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