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Export factoring

Gifts and Miscellaneous Articles
From Sweden
To Poland
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Aug 04, 2020
What is export factoring?

1 answer

Aug 05, 2020

The Export Invoice is been considered by the factoring agency or financial institute for discounting. The exporter, once the invoice is considered by the factoring agency, gets the money very fast, within a small span or say immediately. The Factoring agency later liquidates their own entry from the payment received from the importers directly in their accounts with all due consent upfront as per the process.The services are levied charges like 0.5%.

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