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International Factoring |
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International Factoring |
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What is International factoring?
International factoring is a comprehensive receivable management service encompassing finance, credit protection, collection and sales ledger management for exports on open account terms.
Product features
- Finance to the exporter by prepaying upto 95% of the invoice value
- Protection against default in payment by the buyer by arranging for credit cover
- Collection of receivables
- Maintenance of accounts relating to accounts receivables (A/R)
- LC's are not required
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