You should sit back and relax. However, this stage signals just the beginning for our experienced documentation and settlements staff to swing into action on what can be a highly technical and critical point in the process. Invoices are to be arranged with suppliers as required by the bank or finance company and then matters of documentation can be initiated. Upon receipt of the invoice, the Finance Assistant will prepare your documentation for the relevant lender and ascertain any other ancillaries that are required for the success of the formal transaction. Your representative will arrange a Certificate of Currency from the insurance company you select to ensure your goods are fully insured and protected.
Settlement is a very delicate issue.
It is handled by our highly experienced staff who will advise the supplier when settlement has been completed. They will attend to banking of supplier's cheques, and fax any relevant receipts. The goods will then be released to you. This is less stressful than you having to collect cheques, and run around banking them. With the closures of many suburban banks there may not be a branch close to you so its nice to know NCF will come to you.