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Factors Chain
International
Assistance in
International Sourcing
Additional Information
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INTRODUCTION | CONTACT US | ||
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Export-Import Trade Finance can present considerable challenges to America's small and mid-size business owners. Typical export-import transactions may include requirements for letters of credit, purchase order finance, international credit insurance, and international factoring among others. These can often present such difficulties that business owners simply ignore golden opportunities that can lead to thousands or even millions of dollars in revenue.
International Factoring • The export factor selects an international factor as correspondent to act as import factor in the country to which the exports are going. The receivables are then reassigned by the export factor to the import factor. • The import factor will establish credit lines for each of the importers. The credit lines will be for a specific amount and terms of sales. The export factor confirms the details of the credit lines to the exporter.
• After the
exporter ships the goods and sends an invoice to the importer, the import
factor handles the collection of the receivable and the prompt payment of
the proceeds to the exporter's account at the export factor. To be certain, financing export import transactions offers challenges to even the largest and best capitalized companies. Don't walk away from this lucrative profit center for your business simply because of lack of experience. Let the professionals at Aegis Factors assist you in your international credit and financing transactions.
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