Factoring Services ;for the Apparel & Textile
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Apparel Search Factoring offers international factoring to clients
anywhere in the world. The service will consider funding any transaction
An Italian manufacturer of high quality leather outerwear sells container
loads to credit worthy U.S. customers (buyers). When we receive invoices
and bills of lading that the goods have been shipped to the U.S. buyers,
we will wire funds to the Italian manufacturer.
| ||A Spanish swimwear company sells to a large
Mexican retailer. The Mexican retailer is covered under J&D's export
credit insurance policy. When the Mexican retailer acknowledges receipt
of goods, funds will be wired to the Spanish swimwear company. 60 days
later the Mexican Retailer will wire funds to J&D Financial as the
factor to be paid|
A U.S. textile machinery parts supplier sells to a Chilean Factory. Goods
are shipped by air and all invoices are covered by credit insurance. When
the Chilean Factory receives the goods, funds are advanced to the U.S. seller.
60-90 days later the Chilean Factory will wire funds to J&D Financial.
In almost all cases we will want the goods sold to foreign buyers to be
covered by our export insurance policy. Coverage on the export policy is
usually an additional 1.5% to the normal factoring charges. (Want to know
more about Factoring Fees?
Credit insurance is needed for international transactions due to lenient
financial reporting requirements in foreign countries and the difficulty
of obtaining quality foreign credit information.
Please fill out
the brief application so that we
can provide you with more details regarding our services.
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