International Factoring Funding
J&D Financial offers international factoring funding to clients anywhere in
the world. We will consider
international
trade finance on any transaction that includes:
- U.S. Seller to Foreign Buyer
- Foreign Seller to U.S. Buyer
A U.S. aircraft aviation parts supplier sells to a Chilean Airline. Goods are shipped by air and all invoices are covered by credit insurance. When the Chilean Airline receives the goods, funds are advanced to the U.S. seller. 60-90 days later the Chilean Airline will wire funds to J&D Financial. This is an example of an export finance transaction.
In almost all
international trade finance cases—whether its import/export financing or an export finance transaction—we will want the goods sold to foreign buyers to be covered by our export insurance policy. Coverage on the export policy is usually an additional 1.5% to the normal factoring charges. (Learn more about
Factoring Fees.)
Credit insurance is needed for international transactions due to lenient financial reporting requirements in foreign countries and the difficulty of obtaining quality foreign credit information.