Factoring insurance policy

Dhaman provides factoring companies with a comprehensive credit and political insurance solution that covers the risks of default of payment of obligors. The compensation rate stands for 90% of the value of the insured factored invoices for both domestic and export transaction.

Procedure

  • Request for quotation

    The Factor submits the identification form

  • Factoring Insurance Quotation

    Dhaman provides the Factor with an indication detailing the scope of cover and the pricing

  • Issuance of the Insurance policy

    Acceptance of quotation /policy signature/premium payment

  • Declaration of factored invoices

    Declaration of factored invoices on approved obligors on a monthly basis

  • Compensation Process

    Declaration of default of payment/Compensation disbursement/Collection from the defaulting obligor

Contact info

  • Nabil Bitar Operations Officer

  • +965 24959568
  • nabil@dhaman.org