Are you looking for cross-border factoring solutions?
FCI offers various solutions of cross-border receivables finance to its members to help them to develop international trade finance business
FCI keeps you informed and gives you access to a network of reliable partners offering factoring solutions
TWO-FACTORS AT A GLANCE
Exporter
- Prepayments
- Documentation
- Administration
- Credit risk coverage
Export Factor
- Assignment of Trade
- Receivables
- Regular payments
- Statements
Import Factor
- Payments of trade receivables
- Credit risk coverage
- and collection
Importer
FCI MEMBERS
What are the advantages of using factoring for the Exporters?
- Working Capital improvement
- Reducing time-consuming credit administration and costs
- Access financing at better conditions, benefiting of creditworthiness of the buyer
- 100% credit protection against bad debts and customer insolvency
What are the advantages of using factoring for the Importers?
- Expanded purchase power without using existing credit lines
- Improvement of working capital due to later settlement of payables
- Removing the need to open letters of credit, no administrative burden and costs, the ability to place orders swiftly
- Communication with a local bank/factoring company regarding disputes or delays of payments
Moving Forward with Factoring
CASE STUDY
Three FCI cases studies on use of international factoring
Today international factoring services are used by a wide variety of companies in a wide range of sectors.
SOLUTIONS
Get started with International Factoring
Factoring is based on the idea of selling (and/or assigning) a business’s outstanding receivables (=sales invoices) to the Factor and receiving a set of trade related services.
EDUCATION
Introduction to Factoring & Receivable Finance online courses
The courses aim to enhance your skills and enrich your knowledge on Factoring and Receivables Finance
NEXT FCI MAJOR EVENTS
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THIS WEEK'S FOCUS
FCI 59th Annual Meeting - Kuala Lumpur
Connecting the Global Trade & Receivables Finance Network
LATEST NEWS
The new FCI In-Sight newsletter is out
