| Export
Factoring is used by UK based businesses wishing to exploit overseas opportunities.
Selling into unknown overseas markets can be fraught with problems, not the least
of which is making sure payment is received. Currency and language
differences can cause great difficulties and if cross border legal action is required
the time & expense will completely negate any perceived benefit in the sale.
Those
Factors offering export services bring invaluable assistance. Export
Factoring offers funding against export sales invoices and the back-up
service eliminates the risk of bad debts by insuring customers.
Factors can collect locally in some cases and those without representation
abroad invariably try to recruit individuals in the UK with strong
language skills. Invoices in currency can be accomodated.
Many
Factoring companies say they can provide export services when in reality
they have neither the staff nor the inclination to offer such facilities.
As a specialist brokerage Factoring Partners knows which Factors are
serious about helping their exporting clients
Factoring Partners, P.O. Box
1696, Stratford
upon Avon, Warwickshire CV37 0ZZ
Tel/Fax: 01789 730137, Mobile
07966 492154
email us
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