In our current worldwide commercial marketplace, there are many good international factoring companies that provide funding to manufacturers, importers and exporters of goods.
Five primary quality services offered by all of the top-rated international factoring companies actively engaged in business today are the following:
Specialized Funding — All highly respected international factoring companies offer expert trade financing services to exporters in many diverse industries. Operating in virtually every major worldwide market, these very active receivables lenders have the capacity to initiate A/R financing transactions involving many different global currencies. This financing feature enables them to best assist clients in overcoming specialized areas of financial difficulty they may encounter when dealing with currency conversion rates as they export and import products. Some production and sales companies need extensive export receivables funding, enhanced credit protection or purchase order lending to support their flow of business. By aligning with a highly reputable factoring company, they will gain the expert assistance needed to resolve all issues to ensure better and lasting global business.
Adequate Working Capital — A major aim of good factoring companies is to assure manufacturers and exporters of ongoing access to adequate working capital amounts. Whether a manufacturing and sales company has well-regulated sales and production cycles throughout the year or must balance finances between active and quiet seasonal activity and profits, a steady supply of working capital is necessary. All successful production and sales companies know the value of working with a good accounts receivable lender. Professional international factoring enterprises have assisted thousands of companies in the importing, exporting, transporting, and trucking industries to gain financial stability and the continuous cash flow needed for business operations. Such established factoring leaders now provide comprehensive A/R financing services to virtually every type and size of manufacturing, sales, import, or export business.
Flexible Financing Approval and Terms — Excellent receivables funding services are flexible and tailored to meet the individual specifications and needs of each client. Through customized lending support, numerous entrepreneurial companies, even in their early startup days, are able to gain some financial stability to avoid the dangers from lack of ongoing funding during the beginning stages of growth. The top-rated international accounts receivable financing companies specialize in fast credit approvals and, in some instances, even same-day funding. They also often agree to very reasonable repayment terms. This rapid and accommodating style of inventory and A/R funding can be especially helpful to young startup production companies and exporters.
Comprehensive Financing Options — The most highly respected accounts receivable funding businesses in the U.S. today offer numerous options and arrangements for factoring to product producers and sellers in the international market. They assist many diverse companies and areas of enterprise. Specializing in receivables financing, they also offer such valuable services as both advance and collections funding. The entire workforce of all these factoring leaders has extensive knowledge and understanding of the crucial aspects of global trade. With business alliances among worldwide partners, these dynamic factoring companies support a diversified clientele around the globe in ongoing trade transactions of all magnitudes.
Receivables Funding for All Markets — It is important for each business owner or corporate entity to choose the accounts receivable financing agent best suited to enhance and grow business activity and profits. Particularly if a company provides products for a seasonal market, meeting annual funding needs can be difficult under different economic conditions. Market rates and product demands may fluctuate often or without adequate warning for company management to cover budgets and financial requirements. Especially for production and sales enterprises offering merchandise to the international marketplace, accurate marketing and sales forecasts can be difficult to obtain. This problem can bring stress and financial insecurity to many manufacturers, sellers and exporters. With the expertise of an experienced global accounts receivable lender, however, these sales companies can avoid such uncertainties and threats of financial instability. When aligned with a highly qualified international factoring agent, these global production and sales businesses will be assured of regular, continuous funding based on the value of their receivables or adequate collateral.
Although there are many good receivables financing companies available to assist and service your international manufacturing, sales and/or exporting company today, these five factoring provisions are all necessary services that are offered by the best factoring agents. By choosing an A/R financing company that offers these services, you will obtain the ultimate in quality receivables funding plans to meet you company's varied needs.
Why Partner with 1st Commercial Credit for export finance?
For exporters looking to optimize their U.S. operations, the combination of our logistics management and 1st Commercial Credit’s supply chain financing offers an unmatched advantage.