Trade Finance
Our trade finance offers funding options to Hong Kong-based companies that are seeking a long-term financial partner who can provide significant capital on an ongoing basis for growth or any other business purpose.
We offer real trade finance solutions that include non-recourse invoice factoring, accounts receivable financing, purchase order funding, and supply chain finance.
These are funding options that can help facilitate international business for our clients. The import and export of goods and services can be pursued with confidence when backed by a funding source that understands the business on a global scale.
Hong Kong Factoring is part of an affiliate network that provides capital to companies in many of the Asia Pacific countries and throughout the US, UK, Canada, Australia, New Zealand, and in selected parts of Eastern and Western Europe under very competitive terms and pricing.
Improve your cash flow with our trade finance services, which means the injection of cash against the value of outstanding invoices.
Assistance With Managing Overseas Customers
We bring a network of operating companies in select overseas markets that can help remove the hassle of dealing with overseas customers, with a multilingual support team that can help eliminate the challenge of communicating with foreign customers. We speak with your customers in their native language to avoid any misinterpretation and help resolve any issues relating to the sale and invoicing of your product and collection of the payment due.
Collections and Reporting
Our team has local professionals that act as an extension of your back office and perform collections and account receivables bookkeeping on your behalf, as well as act as your credit department and monitor the creditworthiness of your customers.
Benefits of Export Factoring
There are many benefits to export factoring, starting with solving cash flow problems quickly. Our client's invoices are purchased for an advance of up to 95% of the total invoice value. Once the invoice is collected in full, the remaining balance is credited back to you. Normally you get paid within 24-48 hours of invoice submission instead of in weeks or months, or even faster in some cases.
Export factoring is not a loan, so the funding doesn’t show up on the balance sheet as debt.
The focus with Export factoring is primarily based on the quality of your customer's credit, not on your company's financials
Our export factoring facilities can grow as your company grows.
It can help with your workload as we perform collections, dunning, and bookkeeping on your behalf
You can have peace of mind, we monitor the creditworthiness of your customers and assume the risk of shortfall of payment due to their insolvency
You can offer longer payment terms and therefore compete for larger buyers
The application and set-up process is faster and easier than when applying for a bank loan
Our local experts comply with the regulations of each country we operate in and offer appropriate services such as currency regulation control.
To start the process or for more information, contact us today.