Export Receivables Factoring
Most financial institutions don't view overseas receivables as eligible collateral for a loan, but international factoring companies offer working capital solutions for foreign receivables. International factoring companies typically don't take on a client for a one-time deal and they usually require factoring a certain volume of the exporter’s annual sales.
International factoring is helpful for these types of businesses:
- U.S. companies that sell domestic goods (exports) to foreign customers.
- U.S. companies that sell foreign goods to foreign customers.
- Foreign companies that sell goods to other foreign customers.
Export factoring is a complete financial service that combines export working capital financing, credit protection, foreign accounts receivable bookkeeping, and collection services. Most international factoring companies provide non-recourse factoring, so that if your customer cannot pay due to insolvency, the factoring company offers 100% insurance against non-payment.
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Foreign Goods Factoring
Guide to Factoring Receivables
Discover why invoice factoring can be better than bank financing, learn the receivables factoring process and factoring rate structures, know what to expect when applying for factoring services and much more.