IMPORT FACTORING
Now Settle Up To
90%* Of International
Payables In 72 Hours*
What Is Import Factoring
Import factoring is a financial arrangement where an Importer arranges financing for its Suppliers through a financial institution. In this arrangement, the Importer leverages its stronger credit rating to obtain financing at favorable terms, which it then extends to its Suppliers.
Who is it for?
![large-corporations](/assets/images/large-corporations.webp)
Large Corporations
Streamline your supply chain financing and strengthen Supplier Relationships
![growing-business](/assets/images/growing-businesses.webp)
Growing Businesses
Optimize working capital and fuel expansion without straining cash reserves
GTX Offerings For Importers
![Sign up](/assets/images/offering-icon1.png)
Strengthen Supplier Relations
Get liquidity faster from financiers and make timely supplier payments to nurture better working relations
![Sign up](/assets/images/offering-icon2.png)
Better Procurement Terms
Timely payments improve your reputation as a buyer in the market, resulting in more favourable purchase terms.
![Sign up](/assets/images/offering-icon3.png)
Improved Financial Assessment
As off-balance sheet financing, this funding method can help keep your financials in good standing for other financing needs and covenants.
![Sign up](/assets/images/offerings-for-importers.webp)
Focus On Growing Your Import Business With Quick Supply Chain Financing
![extended-payment-terms](/assets/images/growing-icon1.png)
Strengtheed Supplier Relationships
Provide early payment options to Suppliers, fostering trust and loyalty.
![risk-mitigation](/assets/images/growing-icon2.png)
Optimized Working Capital
Keep your supply chain running smoothly without trying up valuable capital.
![economic-contribution](/assets/images/growing-icon3.png)
Improved Process Efficiency
Streamline invoicing and payment processes, reducing administrative burden.
![scalable-financing](/assets/images/growing-icon4.png)
Best-in-class Rates
Get credit line ith the lowest rates in the market only on GTX
Make Supplier Settlements In Just 4 Easy Steps!
![Sign up](/assets/images/if-step1.webp)
Sign up
Sign up on the GTX platform and provide necessary details of your import business.
Sanction/Offer letter
Get an estimated offer letter after a credit risk assessment.
![Sanction/Offer letter](/assets/images/if-step2.webp)
![Accept offer](/assets/images/if-step3.webp)
Accept offer
Review the offer and accept the terms as specified in the offer letter.
Disbursal
Financier disburses the funds directly to the Suppliers preferred bank account.
![Disbursal](/assets/images/if-step4.webp)
Get Import Factoring Now!
Why wait till the last day to make Supplier payments? Settle up to 90%* of your payables within just 72 hours* with GTX!
![Sign up](/assets/images/ifsca-icon.png)
Improved Financial Assessment
As off-balance sheet financing, this funding method can help keep your financials in good standing for other financing needs and covenants.
FAQ
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What is import factoring, and how does it work?
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What are the eligibility criteria for accessing import factoring services?
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What types of import factoring services are available on GTX, and which one is suitable for my business?
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How does import factoring help manage cash flow and mitigate risks associated with international trade?
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What documents and information are typically required to apply for import factoring services?
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What are the costs associated with import financing services, and how are they determined?
![where-to-start](/assets/images/where-to-start.webp)
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.