Export Factoring
Factoring for Canadian Exporters
Export factoring offers a comprehensive range of options to assist Canadian exporters in growing their overseas business profitably and confidently. Funding is available on a global scale from North America to certain countries within Eastern and Western Europe, the Middle East, Asia, and Latin America.
BENEFITS OF EXPORT FACTORING:
- Improved cash flow
- Simple application process
- Non-recourse export factoring
- The factoring company assumes the risk for non-payment of factored invoices
- Credit Protection (eliminating credit risk)
- Collections and reporting services (can be considered part of your back office operation)
- Supplier finance and supply chain funding
- Factoring your invoices within 24-48 hours of approval
- Factoring is not a loan (not debt on a balance sheet)
- Export factoring based on the quality of your buyers’ credit
- Funding increases with your business growth
- Export factoring allows to offer longer payment terms to buyers and compete with larger buyers
- Our team monitors the creditworthiness of your customers
- Assistance with managing overseas customers
- Certain arduous efforts are taken care of so you can focus on building your core business
- And more
For more information, please submit this SHORT FORM. The office that handles your local area will contact you shortly.
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