CAD Financing
Cash Against Documents | Finance Option For Exporters
CAD Financing. Cash Against Documents (CAD) / Documents against Payment (D/P).
Cash Against Document/Telegraphic Transfer (CAD/TT) is a funding option in which an importer pays for their products/goods ("Goods") prior to receiving it. It ensures that both the exporter and importer are protected by having a third party accept the shipment and title documents for the Goods exported.
There is no release of the Goods to the buyer or importer until payment is completed. CAD/TT option is like a real estate transaction, where a third party holds the funds in escrow until the real estate transaction is completed.
Generally, CAD/TT financing does not require credit insurance (for example Euler), the collateral in such cases is the container itself (because the funder has temporary custody of the shipment’s original docs). CAD/TT funding has been and continues to be a successful option for many exporters.
OTHER EXPORT FINANCING OPTIONS
Trade overseas with confidence
Export factoring for exporters that are trading globally. We also offer trade finance and export funding solutions that offer flexibility to exporters, we provide the needed capital based on sales, there's no need to wait 30 to 90 days or longer to receive customer payments. Trade finance options include accounts receivables financing, invoice factoring, and in certain situations, purchase order funding and supply chain finance.
Our export factoring services offer exporters in a complete package of trade finance solutions to help them develop their overseas business profitably and with confidence.
Exporters will be working with an affiliate that specializes in trade finance and other export receivables factoring solutions specifically for exporters that are trading globally. Our network has offices around the globe with a team who are well specialized and very comfortable with funding export businesses internationally.
Improve your cash flow
Our export factoring service means an immediate injection of cash against the value of your outstanding export invoices. We can release up to 80% of the value of the invoice within 24 hours. The remaining 20%, less a small service fee, is paid to you once your customer pays.
We combine innovative solutions that include non-recourse and recourse factoring, purchase order financing and credit insurance protection, solutions that are tailored to help exporters secure more international orders, increase sales and free up capital which ultimately help expand their export business much faster and improving their bottom line.
The export funding program also offers protection from loss of receivables, it can further guarantee 100% against insolvency of your customers or suppliers. These are opportunities across the global supply chain for the benefit of exporters which many domestic and international factoring companies or institutional lenders may not be able to provide.
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