Factoring
Factoring Company Referral Opportunity!
Chinese Suppliers typically don’t offer Credit Terms to their foreign Buyers because there is little they can do from China if the Buyer doesn’t pay.
This means their invoices generally don’t have Credit Terms in the first place to even Factor.
Novanty solves this problem by working with the Buyer and Seller ahead of time to pre-arrange Factoring scenarios for you to fund.
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Hot Leads, And A Lot Of Them!
Supply Chain finance is a mechanism designed to help Sellers get paid earlier than the credit terms they extend on the invoice to their customers.
The problem with that is a larger percent of global Suppliers’ don’t offer credit terms to begin with. This means hundreds of billions of dollars in transactions every year are not candidates for Supply Chain Finance. There is a whole section global trade that will simply never come across your desk.
Novanty works with those Buyers and Sellers to pre-arrange Supply Chain Finance with lenders like you. Giving Sellers the confidence to now offer credit terms because they already know the Buyer is prequalified and has a lender lined up.
Hundreds of billions of dollars in transactions, that were previously not candidates for Supply Chain Finance, are now candidates. This significantly Increases the size of the Total Addressable Market for your industry.
And we want to take you along for the ride.
If you are interested in working with us, we may be able to drive a lot of business to you.
Contact us and let us know if you want to learn more.