Ireland Factoring
Export factoring and accounts receivables financing for Irish exporters
Ireland export factoring. Our trade finance services are designed for Irish companies that are exporting their products globally, services include, invoice factoring accounts receivable financing supply chain finance purchase order funding and other trade finance solutions.
Export companies will be working with our affiliate for Ireland and a team who provides flexible trade finance and export factoring to Irish exporters who are exporting their products globally including to the US, Canada, Europe, Asia and Latin America.
Benefits of our export funding services include:
- Non-Recourse Export Funding (we assume the risk)
- Advances up to 95% of invoice value
- Credit Protection (eliminating credit risk)
- Collections and Reporting (your back office extension)
- Supply Chain Finance (funding full supply chain)
- Funding within 24-48 hours of approval
- Funding is not a loan (not debt on a balance sheet)
- Funding based on the quality of your customers’ credit
- Funding increases as your business grow
- You can offer longer payment terms to your customers and compete for larger buyers
- Our team monitors the credit worthiness of your customers
- We assume the risk of shortfall of payment due to your customer's insolvency (peace of mind)
- Application to funding process simpler than a bank loan process
- And more
Funding is available to exporters in the following industries, including:
- agriculture
- automotive
- distributors
- engineering goods industries
- farmers
- food industry
- IT industries
- manufacturers
- processors and brand companies selling
- internationally
- wholesalers
- textile, garment, leather
- traders
- Others
HOW DOES FACTORING
WORKS (Recourse and Non-Recourse Export Factoring)
International factoring product can free cash flow for your other endeavors. With an emphasis on eliminating trade risk, the factoring product also offer credit insurance which protects against customer insolvency.
The team inspects the
creditworthiness of your international customers all over
the world.
Buys your receivables from your
business and pays you the amount immediately upon the
loading of your goods.
The team handles the management
of your accounts receivable as well as the complete dunning
process.
In case your customer cannot pay due to insolvency, 100% insurance may be available to insure against deficit or shortfall of payment.
IMPORT & SUPPLY CHAIN
FINANCE
In addition to export factoring,
the team can also fund your imports. PO facilities that can
help finance your imports and increase your purchasing
power based not only on your importers credit but also on
the credit worthiness of customers. Flexible vendor payments
include; L/C, D/C, and T/T.
HOW IT WORKS
Your international supplier’s
invoice will be paid by our team.
If your supplier insists on
receiving an L/C, the team will open it for you.
Arduous efforts are taken care of by the team so you can focus on building your core business.
What does it cost?
Our services are tailored to your business so the fees will depend
upon your specific needs.
For more information, please submit the Online Form.