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Export Factoring

Helping UK exporters trade overseas with confidence

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Export Factoring is a comprehensive funding and collections service designed specifically for businesses involved in exporting who want to release the cash tied up in outstanding domestic and overseas invoices.

Improve your cash flow with Export Factoring

Export Factoring boosts your cash flow by providing an immediate injection of cash into your business against the value of your outstanding invoices.

For each invoice you raise, Bibby Financial Services will release a percentage of its value to you within 24 hours. The remaining balance, less a small fee, will be released to your business after your customer has settled the invoice payment in full.

This provides both an immediate and ongoing supply of cash linked to your sales, which means that as your business grows, so does the amount of funding available to you.

Export Factoring with Multilingual Credit Control

As part of our comprehensive Export Factoring service, our team of highly skilled multilingual credit controllers will chase and collect outstanding invoice payments on your behalf. They will also maintain up-to-date sales ledger information, administration and control.

Our team will always endeavour to communicate with your customers in the appropriate language, whether spoken or written.

Bibby Financial Services’ global network comprises companies in countries throughout the world, and we utilise their experience and knowledge of the local market to assist us when collecting payments.

Dealing with different currencies

 

As part of our complete package of Export Factoring services we can help you to avoid the uncertainty of fluctuating exchange rates thanks to our specialist currency facilities. These will prove an invaluable aid if you invoice your customers in different countries.

 

Export Factoring Credit Checks

 

We can also perform online credit searches on your behalf, so if you need to establish a global rating on either a new or existing customer, we have the facilities to undertake these searches on your behalf and provide credit ratings you can trust.

 

Stay in control of your finances

 

To help you stay in control of your customer accounts, we can also provide you with access to our fast, secure and easy-to-use online system. This gives you 24-hour access to your account information, so you can keep track of payments received and the amount of funding available to you.

View our client access demonstration for further information