Global Receivables Finance (Factoring) Service

This listing describes a global service offering receivables finance, commonly known as factoring. The service provides immediate working capital by purchasing a seller's accounts receivable, allowing businesses to receive up to 80% of the invoice value upfront. The remaining balance is disbursed upon contract maturity. This factoring solution is primarily targeted at producers and wholesale traders who regularly supply goods or services under deferred payment terms, experience a shortage in working capital, or aim to increase their sales volume. Key advantages include collateral-free, revolving financing, accelerated cash turnover, improved balance sheets, and the ability to attract new buyers. The service also encompasses risk mitigation against payment default and provides analytical and collection services. An illustrative example details how a farmer selling durian fruit to a Hong Kong-based distributor can utilize factoring for their receivables. The service operates on standard trade commissions and yearly fees, with no explicit finance or interest charges mentioned.