Invoice Finance / Factoring

With the growing trend to use open account terms, instead of L/C, as a settlement method for international trade, OTF offers a flexible solution for suppliers who are eager to build favourable relationship with their customers.

Overseas Trade Finance arranging one-stop Factoring Services to meet your accounts receivable needs. Subject to a pre-agreed percentage of the approved invoice value, you can turn your accounts receivable into cash, without providing additional collaterals.

Factoring also provides the following benefits:

Credit Risk Protection
We provide you with 100% credit risk protection for sales covered by an agreed credit line, when the buyer goes bankrupt, closes business or fails to effect payment.

Collection Services
Our correspondent will remind your buyers to pay on time, thus reducing your burden of debt collection.

Flexible Financing
In addition to your existing banking facilities, we provide you with another source of financing to facilitate your cash flows.