Factoring “finance without recourse”

With our help

You want to offer your foreign customers payment terms without impairing your cash flow? You want to protect your liquidity and not carry unknown country and buyer risks on your balance sheet? You have won a new customer or closed your first transaction in a new market?段代码段代码段代码

Obtain cash ahead of payment date by the importer while managing commercial and credit risk. Factoring makes your business more competitive as it allows you to offer longer credit terms to your buyers, without needing to wait for payment. Factoring works as an off-balance sheet financing solution that improves financial statements.

Lorem ipsum dolor amet consectetur dipiscing elito aouctor mauris aliquet sodale.

Learn more about our various services

Factoring Benefits

OTFC arranges factoring for exporters to obtain advance for the receivables from international trade transactions. We assume the economic, political and currency-specific risks on clients’ behalf. As such, the seller could transfer the payment claim without recourse and enjoy the associated benefits:

Immediate influx of capital
Optimization of the balance sheet (accounting of liquid assets instead of receivables)
Reduction in administration overheads (responsibility for receivables management and collection)

What is the factoring arrangement procedure?

It will be definitely more efficient to approach us when you are negotiating the contract with importer. By providing below key information, we could suggest whether the transaction could arrange factoring or not and how much it is likely to cost.

The country of the importer
The importer’s name
The type of goods
The value of the goods
The expected shipment date
The repayment terms sought by the importer

We could provide you an indication of the costs involved, however at this stage neither party is committed in any way. Both the lines and interest rate will be determined until you sign the factoring agreement with factor designated by us. You will receive the advance payment (80 to 100% of receivable amount, case by case) normally within one week after account receivable has been assigned to and accepted by factor. Since this payment is without recourse when there is no trade dispute, you will be free of the risks concerning about collecting.


3. 减少行政管理费用(应收帐款管理及催收的责任)

Get Your Free Consultation Now!

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search