LB Finance launches factoring and working capital unit

by Mohammed NAALIR

Chairman LB Finance Dammika Perera

LB Finance launched its factoring and working capital business unit recently.

Addressing the launch held at the OPA auditorium Deputy General Manager, Factoring and Corporate Lending Ransith Karunaratne said that over the past three years LB Finance has offered a significant service to Sri Lanka's financial sector.

The business unit promises to boost factoring and working capital finance by introducing ground-breaking financial tools which would give local businesses a vital edge. He said that the LB Finance will provide its clients with innovative, tailor-made working capital solutions to meet their specific business requirement with greater funding flexibility.