Ever wondered which SBI Global Factors factories truly stand out from the rest? Choosing the right factory can make all the difference for your business growth. Discovering the top performers gives you a winning edge. Ready to find the best options? Read on to see which factories lead the way!
SBI Factoring Services
Product Details: SBI Factors offers a comprehensive suite of financial solutions including Domestic Factoring, Export Factoring, Reverse Factoring, TReDS, Discounting of Bills Under Letter of Credit, Debt Management, Receivables Financing, and Supply Chain Finance. These services enable businesses to convert unpaid invoices into immediate cash, manage cash flows, mitigate credit risks, and optimize working capital.
Technical Parameters:
– Factoring Type: Domestic, Export, Recourse, Non-Recourse, Reverse, Supply Chain…
– Service Features: Immediate cash against invoices, credit protection, portfolio…
Application Scenarios:
– MSMEs and SMEs facing cash flow challenges due to delayed invoice payments.
– Businesses engaging in international trade requiring protection against overseas…
Pros:
– Instant liquidity by converting invoices into cash improves working capital.
– Mitigates credit risk, especially with non-recourse and export factoring, and of…
Cons:
– Potential for higher service fees or discount rates compared to traditional loan…
– Businesses may lose control over customer relationships due to third-party invol…
SBI acquires 100 pc stake in SBI Global Factors
SBI Global Factors Limited: Ratings reaffirmed; rated amount … – ICRA
SBI Global Factors – 2025 Company Profile – Tracxn
Product Details: SBI Global Factors provides domestic and international factoring, export factoring, forfaiting, bill discounting under letter of credit, and sales ledger management services. It also offers an e-platform for invoice uploads and online debtor acknowledgement.
Technical Parameters:
– E-platform for clients and debtors enabling invoice upload and online acknowledg…
– Correspondent network in over 80 countries for receivable collection and follow…
Application Scenarios:
– Businesses in India requiring working capital solutions through factoring and fo…
– Exporters and domestic companies seeking receivables management and bill discoun…
Pros:
– Backed by State Bank of India and other major Indian banks ensuring credibility…
– Comprehensive international and domestic receivables management with a wide corr…
Cons:
– Relatively lower industry ranking (244th among 624 competitors) suggesting limit…
– Unfunded status may indicate slower growth or limited financial agility compared…
Sbi Global Factors Ltd. – Service Provider from Mumbai, India – IndiaMART
Product Details: SBI Global Factors Ltd. offers a suite of financial services including international factoring, domestic factoring, forfaiting, credit protection financial service, debt collection services, import factoring, and professional sales ledger management, targeting businesses involved in export and import operations.
Technical Parameters:
– Provides credit protection, factoring (international, domestic, import), debt co…
– Operates via a digital e-commerce platform; headquartered in Mumbai with six reg…
Application Scenarios:
– Businesses seeking quick liquidity against accounts receivable
– Exporters and importers needing protection from payment risks and efficient mana…
Pros:
– Comprehensive suite of services (factoring, forfaiting, credit protection, debt…
– Market leader in international factoring in India with regional presence and pro…
Cons:
– Annual turnover range (0 – 40 L) suggests services may be tailored to small/mid-…
– Details on fees, eligibility, and process transparency are not explicitly mentio…
SBI acquires 100 pc stake in SBI Global Factors – ETBFSI.com
Product Details: SBI Global Factors Ltd (SBIGFL) is a non-banking financial company (NBFC) that provides domestic and export factoring services. It is now a 100% subsidiary of State Bank of India (SBI) after the acquisition of shares from SIDBI, Bank of Maharashtra, and Union Bank of India.
Technical Parameters:
– Turnover of Rs 4,773 crore during 2021-22
– Profit of Rs 25.26 crore during 2021-22
Application Scenarios:
– Domestic factoring services for Indian businesses
– Export factoring services facilitating international trade
Pros:
– Now fully owned by India’s largest bank, ensuring strong backing and credibility
– Offers financial services that improve cash flow for businesses through factorin…
Cons:
– Limited publicly available details on technical offerings or process innovation
– Market focus restricted to factoring, may not cover all financial service needs
SBI asks RBI to let it run two lines of factoring operations
SBI GLOBAL FACTORS LIMITED – Dun & Bradstreet
Product Details: SBI Global Factors Limited provides factoring services and operates in the financial services industry, specifically focusing on nondepository credit intermediation, adjustment and collection services, and financial consultancy. The company supports business credit management and receivables solutions.
Technical Parameters:
– Location: Narain Manzil, 906-907, Barakhamba Road, Connaught Place, New Delhi, D…
– Industry: Nondepository Credit Intermediation, Factoring Services
Application Scenarios:
– Businesses seeking factoring solutions for receivables management
– Companies requiring financial consultancy and business credit support services
Pros:
– Specialized financial services for credit and receivables management
– Part of the State Bank of India (SBI) corporate family, offering credibility and…
Cons:
– Limited information on specific product features or technical specifications
– ESG ranking and industry benchmarks not disclosed or available
SBI Factoring Services – SBI Global
Product Details: SBI Factoring Services offers a range of factoring products including Domestic Factoring, Export Factoring, Reverse Factoring, TReDS, and Discounting of Bills Under Letter of Credit, aimed at empowering businesses through financial solutions.
Technical Parameters:
– Factoring services encompass both domestic and export receivable financing.
– Solutions include reverse factoring and bill discounting under letters of credit…
Application Scenarios:
– Businesses seeking immediate liquidity against accounts receivable.
– Exporters in need of upfront funds prior to receiving payment from foreign buyer…
Pros:
– Enhances business cash flow and financial resilience.
– Builds trust and offers innovative, client-focused solutions.
Cons:
– Potential costs associated with factoring services.
– Not all businesses or invoices may be eligible for financing.
SBI acquires 100 pc stake in SBI Global Factors – Times of India
Related Video
Comparison Table
| Company | Product Details | Pros | Cons | Website |
|---|---|---|---|---|
| SBI Factoring Services | SBI Factors offers a comprehensive suite of financial solutions including Domestic Factoring, Export Factoring, Reverse Factoring, TReDS, Discounting… | – Instant liquidity by converting invoices into cash improves working capital. – Mitigates credit risk, especially with non-recourse and export factor… | – Potential for higher service fees or discount rates compared to traditional loan… – Businesses may lose control over customer relationships due to… | www.sbifactors.in |
| SBI acquires 100 pc stake in SBI Global Factors | economictimes.indiatimes.com | |||
| SBI Global Factors Limited: Ratings reaffirmed; rated amount … – ICRA | www.icra.in | |||
| SBI Global Factors – 2025 Company Profile – Tracxn | SBI Global Factors provides domestic and international factoring, export factoring, forfaiting, bill discounting under letter of credit, and sales led… | – Backed by State Bank of India and other major Indian banks ensuring credibility… – Comprehensive international and domestic receivables management… | – Relatively lower industry ranking (244th among 624 competitors) suggesting limit… – Unfunded status may indicate slower growth or limited financia… | tracxn.com |
| Sbi Global Factors Ltd. – Service Provider from Mumbai, India – IndiaMART | SBI Global Factors Ltd. offers a suite of financial services including international factoring, domestic factoring, forfaiting, credit protection fina… | – Comprehensive suite of services (factoring, forfaiting, credit protection, debt… – Market leader in international factoring in India with regional… | – Annual turnover range (0 – 40 L) suggests services may be tailored to small/mid-… – Details on fees, eligibility, and process transparency are not… | www.indiamart.com |
| SBI acquires 100 pc stake in SBI Global Factors – ETBFSI.com | SBI Global Factors Ltd (SBIGFL) is a non-banking financial company (NBFC) that provides domestic and export factoring services. It is now a 100% subsi… | – Now fully owned by India’s largest bank, ensuring strong backing and credibility – Offers financial services that improve cash flow for businesses t… | – Limited publicly available details on technical offerings or process innovation – Market focus restricted to factoring, may not cover all financial… | bfsi.economictimes.indiatimes.com |
| SBI asks RBI to let it run two lines of factoring operations | economictimes.indiatimes.com | |||
| SBI GLOBAL FACTORS LIMITED – Dun & Bradstreet | SBI Global Factors Limited provides factoring services and operates in the financial services industry, specifically focusing on nondepository credit… | – Specialized financial services for credit and receivables management – Part of the State Bank of India (SBI) corporate family, offering credibility… | – Limited information on specific product features or technical specifications – ESG ranking and industry benchmarks not disclosed or available | www.dnb.com |
| SBI Factoring Services – SBI Global | SBI Factoring Services offers a range of factoring products including Domestic Factoring, Export Factoring, Reverse Factoring, TReDS, and Discounting… | – Enhances business cash flow and financial resilience. – Builds trust and offers innovative, client-focused solutions. | – Potential costs associated with factoring services. – Not all businesses or invoices may be eligible for financing. | www.sbifactors.in |
| SBI acquires 100 pc stake in SBI Global Factors – Times of India | timesofindia.indiatimes.com |
Frequently Asked Questions (FAQs)
What is SBI Global Factors and what services does it offer?
SBI Global Factors is a financial services company specializing in factoring. They help businesses improve cash flow by purchasing accounts receivable and providing immediate funds. This enables you to manage your working capital efficiently and focus on business growth.
How can factoring from SBI Global Factors benefit my business?
Factoring with SBI Global Factors gives you quick access to funds tied up in invoices, eliminating the wait for payments. This allows you to meet daily expenses, fulfill new orders without stress, and manage your finances more smoothly.
Who is eligible to use SBI Global Factors’ services?
You can use SBI Global Factors’ services if you are a business owner with regular sales to reputable buyers or clients, either domestically or internationally. They cater to small, medium, and even large enterprises looking to optimize their cash flows.
How does the application process work with SBI Global Factors?
Getting started is simple! You need to submit basic business documents and details about your invoices or buyers. After evaluation, SBI Global Factors quickly processes your application, and you can start receiving funds against your invoices.
Are there any risks involved in using SBI Global Factors’ services?
Factoring is generally safe, but you should be aware of service fees and responsibilities related to unpaid invoices, especially in a recourse arrangement. Discuss all terms before proceeding, so you can use their services confidently and efficiently.
