Export Finance

• Being able to offer attractive payment terms is often required to make a sale in competitive export markets. Our Export Finance service provides immediate cash flow for your business (against the value of your outstanding export invoices) and an ongoing supply of working capital.
• Export sales invoices and credit memos are sent to FAMILYLENDING.CA. We will then turn up to 80% of the value of those unpaid invoices into cash within 24 hours. The remaining 20%, less a small service fee, will be paid once your customer pays.
• Your business has access to a source of funding, which grows in line with your export sales.
• We will prepare and send out statements, telephone your overseas customers and communicate with them in their language.
• With our Export Finance service we can save you valuable management time by chasing and collecting outstanding invoice payment from your overseas customers and manage any currency issues.
• We offer multi currency facilities to help smooth out problems of fluctuating exchange rates.
• We have overseas bank accounts for fast, low cost receipt of payment.
• With our Export Finance service you remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you.
  
  

What Next?

If you would like to speak with one of our Export Finance specialists simply complete our contact form.

Purchase Order Financing

Some suppliers want you to pay cash on delivery whilst your customer wants to pay you net 30 to 60 days. Meanwhile, labor, packaging and shipping costs all have to be met. Our purchase order finance service (PO Finance) exists to make your deals not only possible, but profitable.

You have a confirmed order from a creditworthy customer but lack the cash to fulfill it

We can advance up to 80% of the confirmed purchase cost to your supplier. We pay your supplier or open a letter of credit. You deliver the goods and we invoice your customer. We collect the invoice payment from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received.

This Purchase Order Finance facility can complement an Account Receivable Funding facility.

You want additional funding to finance single or multiple transactions with creditworthy customers

Then our Receivables Funding Facility is the best solution. You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods. You invoice us for the goods at an agreed discount and we advance you up to 85% of the value of your invoice. We invoice your buyer for the full amount and collect payment according to your agreed terms. We pay you the balance less our administration fees and cost of money used, once payment has been received.