Export Factoring - Non Recourse
Topic: Export Factoring - Non Recourse
Some of the unique features of this Product are:
The Financial Institution offers this product to all exporters in any part of the world on a Non-Recourse basis
Even Software Services Exporters also qualify for this product
The Financial Institution offers funding upto 90% of invoice value based on the Buyer and Country rating
This product qualifies as an Off-Balance Sheet item for Exporters thereby improving their leverage and current ratios
The Financial Institution doesn’t require any collateral or other securities so it doesn’t impact any existing financial arrangement
The Financial Institution also offers financing on a transactional basis and not necessarily on a whole turnover basis
The Financial Institutions are based in Europe
Published Date: 30 Oct'23