Export recourse factoring
Financing of export receivables
Do you export your goods or services abroad and have your customer request postponed maturity for invoices? Does the lack of working capital limit the development of your company? Are you burdened by the paperwork associated with the management of receivables?
By assigning receivables from foreign customers, you can immediately draw on their pre-financing, usually in the amount of 90 % of their nominal value. The remainder of the purchase price of the receivable will be paid to you once the invoice is paid by the customer. If the customer fails to pay within the specified time-limit, you will return the pre-financing to us and we will assign the receivable back to you.
With the financing of receivables, you will also get the service of their professional management, recovery and collection.