Financing rate is up to 90% of export contract
Do not require other collaterals
Do acquire payment risk insurance
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A comprehensive solution ensures safety for credit sale.
Export factoring is a financing solution to customers through cooperation between Techcombank and big, credible international factoring partners ( Well Fargo)
By acquiring the assignment of receivables in export contract with payment method of Telegraphic Transfer ( TT).
Services: Financing based on receivables, Payment risk coverage Receivable management & collection.
Benefits for customers
Simple procedures
Financing rate is up to 90% of receivable’s value.
Simple and quick procedure; speed up capital flow of customer.
Safety - Guaranteed
Having payment risk coverage for decreasing bad debt loss , offered by big & credible factoring partner of Techcombank
Don’t require other collaterals and business plan for each disbursement.
Save
Saving cost, time, human to follow & collect receivables, focusing on core business.
Creating competitive advantages in the export business when accepting T/T payment, increase ability of expanding market.
