International factoringFinancing support for international trade
We are the first and only member from Azerbaijan of the International Factors Association
A financing instrument for companies engaged in export and import operations. With this service, exporters can receive payment quickly, while importers can make payment later.
Benefits
For export
For importIt enables exporting companies to quickly receive payments for goods and services provided to foreign buyers.
You reduce payment risks
Your sales and competitiveness in foreign markets increase
You are protected against currency risks
Payment of importing companies’ obligations to foreign suppliers through the bank. The bank pays the supplier immediately, while the buyer repays this amount to the bank on the agreed date. The transaction is carried out through a factoring partner in the supplier’s country.
Reliable cooperation with foreign suppliers
Allocation of working capital to important expenses
Protection against currency and delay risks
Difference between export and import factoring
Export factoring
Import factoring
Who is it for?
Exporting (supplier) companies
Importing (buyer) companies
Financed party
Supplier
Buyer
Who receives the payment
Supplier (from the bank)
Supplier (from the bank)
Who repays the payment
Foreign buyer
Importer (buyer)
Purpose
Getting funds immediately after the sale
Maintaining liquidity by extending the payment term
Counterparty of the transaction
Factor in the foreign buyer’s country
Factor in the foreign buyer’s country
Who is it for?
Exporting (supplier) companies
Financed party
Supplier
Who receives the payment
Supplier (from the bank)
Who repays the payment
Foreign buyer
Purpose
Getting funds immediately after the sale
Counterparty of the transaction
Factor in the foreign buyer’s country
