Specialized in cross-border transactions and with an emphasis on eliminating trade risk, IT Capital offers international factoring. This financial tool helps companies accelerate cash flow, improve collections, and control exposure to bad debts.
International factoring is the process of purchasing an invoice from an exporter in one country and collecting it later from his buyer who is in another country. This means that the exporter has been paid upfront, and the buyer can pay later.
Import & export factoring.
Import- For an import program, IT Capital provides credit protection with respect to a foreign supplier’s accounts receivable sold on open terms. We assume the financial ability of the buyer to pay on approved and undisputed receivables.
Export- Through the export program, IT Capital offers a financing solution for companies selling internationally. We work with you to establish credit lines for their foreign customers. We can also manage overseas collections, accounts receivable bookkeeping, and reporting where desired. This tailored solution allows you to increase export sales and reduce credit losses while maintaining cash flow and controlling expenses.