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Working Capital Financing through Invoice Discounting and Factoring

Receivables can be turned into cash through discounting and factoring arrangements that ease working capital pressure. Each structure carries different costs, risks and accounting effects. This course helps finance teams choose and manage the right receivables finance facility.

What you will be able to do

  • Compare invoice discounting, factoring and receivables finance
  • Assess the cost and effective rate of each facility
  • Evaluate recourse and credit risk transfer
  • Account for receivables finance correctly
  • Manage the facility and its covenants day to day

Course outline

  1. 01Receivables finance structures compared
  2. 02Invoice discounting mechanics
  3. 03Factoring with and without recourse
  4. 04Costing and effective rates
  5. 05Accounting and derecognition questions
  6. 06Credit risk and debtor concentration
  7. 07Facility management and covenants

Who should attend

Finance managers, treasury staff, credit managers and accountants responsible for funding working capital and managing receivables.

Dates, venues and fees

DatesVenueDaysFeeCalendar
17 to 18 Aug 2026Cape Town2R10,000
31 Aug to 1 Sep 2026Online2US$900
7 to 8 Sep 2026Mozambique2US$1,100
14 to 15 Sep 2026Cairo2US$1,100
21 to 22 Sep 2026Accra2US$1,100
28 to 29 Sep 2026Lusaka2US$1,100
5 to 6 Oct 2026Kigali2US$1,100
12 to 13 Oct 2026Nairobi2US$1,100
19 to 20 Oct 2026Durban2R10,000
26 to 27 Oct 2026Johannesburg2R10,000
9 to 10 Nov 2026Mauritius2US$1,100
16 to 17 Nov 2026Dubai2US$1,100
23 to 24 Nov 2026Lagos2US$1,100
30 Nov to 1 Dec 2026Harare2US$1,100
7 to 8 Dec 2026Kampala2US$1,100
14 to 15 Dec 2026Dar es Salaam2US$1,100
21 to 22 Dec 2026Pretoria2R10,000

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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