Overview
About International factoring
Until recently Letter of credit (L/C) has been mostly accepted instrument to control international trade risk. Now more international trade settled by remittance without L/C , simply because of the demand for more simple and fast trade/settlement or the needs for less administration and financial burden on importer side.
International factoring is a simple alternative solution for exporter to collect money and secure account receivables, provided by the professional factors cooperating under the uniform service level agreement of FCI*.
*Mizuho Factors, Limited offers a international factoring services , as one of the core member of FCI (Factors Chain International), which consists of many of leading banks and its subsidiaries in the world.
Benefit of international factoring
- Secure export account receivables without L/C with 100% coverage.
- Strengthen buyer risk control
- Simplify export administration and save time.
- *Click here to FCI (Factors Chain International)
- *Click here to Company profile of Mizuho Factor
