Export Factoring
Trade Overseas With Confidence
Export Factoring - What Is It?
Our Export Factoring service offers you a complete package to help you
develop your overseas business profitably and with confidence.
Not only do we provide an immediate injection of cash against the value of
your outstanding export invoices but then as you raise an invoice, we can
release up to 80% of the value of that invoice within 24 hours. The
remaining 20%, less a small service fee, is paid to you once your customer
pays.
This means your business has access to an ongoing supply of cash linked to
your sales. So as your overseas business grows so does the amount of
funding available to you.
In addition to the cash that we can provide, we also remove the hassle of
dealing with overseas customers, by chasing and collecting outstanding
invoice payment from your overseas customers. Working with you, we decide
whether to use the services of our in-house multilingual team or to use our
worldwide network of associated factoring companies.
We will prepare and send out statements and telephone your overseas
customers, always communicating with them in their language. We will
collect payments for you, and maintain professional and detailed accounts
of your transactions.
We can also help in smoothing out the problem of fluctuating exchange rates
by offering multi currency facilities. We have overseas bank accounts for
fast, low cost receipt of payments.
We can also offer up to 100% credit protection.
You remain in control by working with a dedicated team of people who ensure
your customers are as happy to deal with us as they are with you.
Export Factoring - How Much Does It Cost?
Our services are tailored to your business so the fees will depend upon
your specific needs.
There are two types of fee. The first is the cost of the money you use,
which is extremely competitive when compared with other forms of finance.
The second is a service fee.
What Next?
If you would like to speak with one of our Export Factoring specialists
simply complete our
contact form. Alternatively you can call us FREE on 0800 91 95 92,
email us at marketing@bibbyfinancialservices.com
or
request a call back.