Through collaborations with our local financial partners, Philips Capital has established financing platforms in several territories to assist with the working capital needs of our corporate clients. Clients who are eligible to join these platforms benefit from preferential interest rates and terms.
Where a financing platform is either unavailable or an alternative is necessary, Philips Capital can help our corporate clients by arranging short-term credit facilities through structures backed by credit insurance or financial instruments. These include letters of credit and bank guarantees.
Personal Health products are often purchased using a credit card by the end consumer. Philips Capital has developed credit card partnerships in certain countries by developing a credit card financing platform that integrates selected credit card issuers in that geography. The platform enables the card issuers to offer installment payment plans to the end consumers helping them spread their payments over a longer period.
