| International Trade Financing is funding international business transactions using either foreign buyers (international factoring) or foreign suppliers (purchase order financing). |
With foreign buyers involved we will usually factor the receivable. We will want either the foreign company to be covered by an export credit insurance policy either through a commercial insurance carrier or Ex-Im Bank. |
The foreign supplier will usually require payment through a wire transfer or a letter of credit. Terms vary from deal to deal. Dantova can help you with your needs.
We limit your company’s foreign risk exposure while maximizing the use of its assets. We provide exporters who have a larger portfolio of foreign accounts receivables with the ability to expand their borrowing potential while mitigating the risk of a catastrophic trade credit loss.
Your bebefits?
- Increased Liquidity:
Benefit from the same level of liquidity as from an asset-securitization program by converting a significant portion of your foreign accounts receivable into cash. - Risk Mitigation:
Reduce your company’s exposure to catastrophic losses from trade credit defaults with a carefully crafted insurance policy provided by a private insurance company. - Customer Contact:
Your export customers are normally unaware that their account has been insured or that the asset has been pledged to a lender because your company continues to service its client accounts directly. - Reduced Borrowing Cost:
Larger pools of insured accounts receivable will often realize an interest rate reduction. The Receivables Funding Program may also reduce the reliance on other bank credit lines.
Contact Us today for more information.
