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How It Works
Export-Import Trade Finance can be complex for those unfamiliar
with the many options available. Certainly one of the simplest is
that of export factoring where the customer is a well known
international entity and financing is provided through your normal
factoring arrangement.
Larger transactions where the debtor is not well known to us can be
handled through true international factoring where Aegis Factors
will perform as your export factor and we will retain an
import factor to handle the collection process in the destination
country. We can also be instrumental in assisting you in obtaining Exim
Bank guarantees in the event the importer has credit that cannot be
evaluated. Letters of credit and their associated expense are
generally not required when factoring.
What It Costs
If the size of the
transaction is such that it can be handled under your normal factoring
facility, there are no additional costs associated with export
factoring. In the event that the transactions are of such size the
we must retain an import factor for credit purposes or must be provided
with Exim guarantees, additional fees will apply. Such costs are
usually nominal and easily absorbed in transactions of any size.
Who Should Apply to Aegis
Factors
Aegis Factors has handles
millions of dollars of import-export transaction through the years for
small and large clients alike. We understand all aspects of
international trade and its payment options. We are also experts
in the area of purchase
order finance in the area of contract manufacturing. If
you are a small or mid-size business and are entering the lucrative area
of import-export trade, contact Aegis Factors to discuss the many
options available to you.
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