EXPORT FACTORING

Convert International Receivables Into Instant Working Capital

What is Export Factoring?

Export factoring is a form of receivables financing where a financial institution (bank, NBFC, or fund house) purchases, finances, and manages the short-term account receivables of an exporter.

Who is it for?

established-exporters

Established Exporters

Exporters who want the flexibility to sell goods to their long standing buyers on open account terms

Small & Medium Sized Exporters

Small & Medium Sized Exporters

Exporters in their growth phase who want to keep their funds unlocked and mitigate the risk of non-repayment by their buyer

Outsourcing-Based Exporters

Outsourcing-Based Exporters

Exporters who want to outsource their credit, collections and account receivables book-keeping process.

BENEFITS

Unlock the potential of your business with non-recourse Export Factoring

extended-payment-terms

Extended Payment Terms

Offer longer and extended payment terms to your buyers

risk-mitigation

Risk Mitigation

Get credit insurance to protect yourself against buyer bankruptcy and defaults

economic-contribution

Economic contribution

The emergence of multiple businesses aided by trade financing is expected to result in a stronger economy and greater economic contributions.

scalable-financing

Scalable Financing

The amount of financing increases with the growth of your business

How it works

01

Onboarding

Register and complete KYC verification and AML/CFT screening on the KredX GTX platform.

02

Invoice Upload and Acceptance

Upload your export invoices, bills of lading on the KredX GTX platform to create a Trade Factoring Unit. Post buyer/importer acceptance the Factoring Unit is listed for bidding

03

Bidding

Financiers present on the KredX GTX platform will bid for the Factoring Unit with details such as rate of financing, cost of funds, time to disbursement You can choose the bid which is best for you.

04

Disbursement

After the agreement signing, the financier will disburse the amount directly to your account.

05

Repayment

The buyer/importer will repay the amount directly to the financier based on a pre-decided repayment schedule.

Estimate your export factoring interest cost

Invoice Amount

298000

$ 100,000

$ 1,000,000

Payment terms (i.e. invoice due date)

130

60 days

180 days

How much you could advance now

$ 0

Plus, when invoices paid

$ 0

What you will pay

$ 0

Disclaimer:
The figures generated by this calculator are intended as a guide only. This shall not, and is not intended to, constitute any funding commitment. Rates will be given by financiers according to their analysis of yours and your buyer's risk profile.

where-to-start

Not sure where to start?

Ask about KredX GTX products, pricing, implementation, or anything else. Our highly trained reps are standing by, ready to help.