Are You Ready?

International trade is changing, and it is being increasingly driven by the buyer. More and more, buyers are calling the shots—are you prepared?

Over 99.9% of the world’s business is transacted on credit. It’s the lifeblood of your business. Many companies overlook the tremendous increase in sales volume that can be generated by selling their products to potential customers outside the United States. We provide the ability for you to do so by underwriting the credit risks for those foreign customers.

European companies (your competitors) have been providing special credit terms for your potential customers for decades. Now, with American businesses increasingly looking overseas for new markets and sales, outsourcing of the credit and political risk to EnviroTech Financial, Inc as a third party can help your achieve your sales goals and marketing strategies. Financing of foreign receivables is a proven and powerful business tool you cannot afford to be without.

Cost-effective, and customer-tailored solutions allow you to eclipse outdated Letters of Credit. Most of your customers can forget about the tedious and expense process of providing LOC’s you currently require to do business with them. With over 60% of LOC transactions rejected at first presentation, it is obvious why so many U.S. companies are turning to EnviroTech Financial for more appropriate solutions. We provide those custom-tailored and innovative credit programs that you need.

The majority of international trade has been conducted through Irrevocable Letters of Credit, a banking system that operates through the delivery of export documentation. Some 63% of all Letters of Credit business in the U.S. is inaccurate, however. Companies strive, and often fail, to deliver correct information and timely documents to banks—their own and those of the buyers. This cumbersome system also calls for the importer, or buyer, to tie up funds in respect to the imports. With increasing competition in world trade, many exporters are offering improved payment terms, such as open accounts, in order to improve the overall “sale” package to the buyer. Your ability to provide flexible open account credit terms is a key element in facilitating competitive financing for your foreign customers. The results are clear—you will win more favorable market share through improved payment terms. Can we help your company gain the “competitive edge”?

EnviroTech can provide your foreign customers with more flexible and larger credit terms to complement your domestic credit risk policies. Both existing and new customers will benefit immensely. We also have the ability to lengthen payment terms and increase their credit limit every time they pay their invoice—providing distinct competitive advantages in a fast-changing global marketplace. The granting of credit terms to a foreign customer is, and will continue to be, a critical component of international sales growth.