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Export factoring – keeping businesses in business


Many UK companies are facing difficulties at the moment, but export factoring is one of the options that can help them to improve their cash-flow. In every sector of industry, it can represent a lifeline for those businesses that are feeling the pinch. In many cases, it may even be the only viable option that they have left, so it’s always worth doing a little research into the process. It’s not just Britain that is having problems with the economy at the moment, of course. The USA’s financial difficulties have been in the news in recent weeks, and although the issue appears to have been resolved, it’s only likely to be a temporary measure. In a year or so from now, it’s predicted that it will all return, so there’s no point feeling too optimistic about the picture just yet. Throughout Europe, money has been top of the news agenda, Read more »

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Getting to Understand What Goes On in Export Factoring


Export factoring is a type of specialist facility that encompasses the release of monies that have been tied up in export sales that are outstanding. In this process, an export company will enlist the services of a factor. The factor typically tends to be an international bank. The factor will then buy the debt that is being owed to the export company by a client, who typically tends to be a foreign client that has purchased an order on credit. Once the foreign client has received the goods that they had requested for, they then make the payment of the money to the factor, which is the international bank, rather than the exporter that they had done business with. Export factoring is a service that is offered by a number of invoice factoring lenders. They do so to facilitate international sales. However, not all the invoice factoring companies will offer Read more »

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