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Export Factoring Summary

Export Factoring In A Nutshell

  • Our Export Factoring service provides immediate cash flow for your business (against the value of your outstanding export invoices) and an ongoing supply of working capital.
  • Export sales invoices and credit notes are sent to Bibby Financial Services. We will then turn up to 80% of the value of those unpaid invoices into cash within 24 hours. Funding is provided against both your overseas and domestic invoices. The remaining 20%, less a small service fee, will be paid once your customers pay.
  • Your business has access to a source of funding, which grows in line with your export sales.
  • We will prepare and send out statements, telephone your overseas customers and communicate with them in their language.
  • With our Export Factoring service we can save you valuable management time by chasing and collecting outstanding invoice payment from your overseas customers and manage any currency issues. Working with you we decide whether to use the services of our in-house multilingual team or to use our worldwide network of factoring companies.
  • We offer multi currency facilities to help smooth out problems of fluctuating exchange rates.
  • We have overseas bank accounts for fast, low cost receipt of payment.
  • We can also offer 100% credit protection if required.
  • With our Export Factoring service 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.

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.

Export Factoring Case Study

Export Factoring in action… “Export Factoring is in my opinion the most effective solution to funding overseas trade. We have a flexible a supply of funds and more time to invest in growing our business. Our latest venture just wouldn’t have been possible without this invaluable service.”

Ian Williams
TG Can Technology Managing Director

Read more »

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