FINANCE ADVISORY SERVICES
Export Assist can help the exporter reduce
the burden of securing export transaction financing by:
- constructing the transaction in such a manner as to mitigate
your risk and maximize your financing opportunity, and
- preparing and submitting the application and documentation.
Based upon the exporter’s qualifications,
we will work with various financial institutions to arrange export
working capital financing with your bank or a recommended one,
and structured financing for overseas buyers. In addition, our
in-depth experience can help to provide the necessary credit enhancements
that make your export transaction more bankable. We take into consideration
all aspects of the export transaction, including the type of product
being exported, the exporter’s cash flow objectives, the
requirements of the buyer, country risks, export restrictions,
and the need for guarantees and international credit insurance.
Export Assist will work with you and the bank, forfait house and/or
factoring company best suited to meet your export finance needs.
Banks - The first place that many exporters look for financing
is their commercial bank, but their commercial bank may not have
the export financing expertise necessary to efficiently process
and fund your export order. Export Assist can help you find the
right commercial bank that will meet your specific needs on an
efficient and timely basis, one with an experienced and knowledgeable
export finance department.
Forfait Houses – Forfait is the nonrecourse discounting
of trade bills guaranteed by a bank in the importer’s country.
It enables the exporter to transfer the payment risk to an export
financing entity by selling the receivables at a steep discount.
In doing so, the exporter transfers its payment risk to the bank
or finance company and receives payment in cash up front. Export
Assist has experience working with many of the banks and finance
companies based in London, Vienna, Zurich, Frankfurt and New York
that participate in forfait.
Factoring Companies – In order to avoid tying up working
capital and spending substantial amounts of time administering
receivables, Export Assist can help the exporter arrange with a
U.S. factoring company to purchase its invoice and pass it to the
import factor for assumption of the credit risk and administration
and collection of the receivable. The two most common financing
arrangements are cash in advance and collection factoring. Factoring
also enables the exporter to increase its competitiveness by allowing
shipment on open account terms while providing guarantee of payment
at time of shipment or when the receivables are due.
Export Assist’s charges vary per project
but generally result in a fee equal to a percent of the total amount
of the working capital financing (including expense and general
overhead of the working capital financing facility) and a fee equal
to a percent of the amount of each medium-term transaction structured
for buyers on behalf of the exporter.
Long-term transactions (ten to thirty years in duration) and
structured project financing requests involving capital contributions
institutional funding are priced based upon our involvement in
Call us at 800-894-8366 or e-mail us at email@example.com for
a FREE consultation on any of your export transactions.