Today’s global market requires many companies to extend credit to their foreign customers . . Why ?

Because your competition does !

Extending credit can often give your firm a critical competitive edge and often makes your product less costly to your foreign buyer.

Being able to offer open terms is cheaper in both terms of time and money than letters of credit, especially for smaller transactions.

Some additional reasons given by our clients for using our foreign trade credit programs.

“We are now winning significantly more business by extending longer payment terms (Net 90 to Net 180) to our qualified accounts while our competition continues to require cash in advance. The program has paid for itself 3 times over!”

“The benefit of being able to use our foreign receivables outside our borrowing base (for our line of credit) has alleviated a great burden from both our senior management as well as our current lender. Thanks for all the help and your patience!”

“Reducing our usage of letters of credit has saved both an enormous amount of time and headaches. The amount of unresolved discrepancies on our LC transactions that once plagued our accounting department has been eliminated, our sales force is happy (finally!), and for once, we are not being beaten up at month-end.”

“Being able to offer more aggressive financing to our foreign buyers and, in effect, extending lower U.S. interest rates to them has created more long term customer benefits than we can quantify. Thanks again for all of your help.”

Credit is the oxygen required to do business internationally!