What are the benefits of using MPIOs Import/ Export Factoring Service?
• You can safely offer your U.S. based customers competitive open account payment terms. • MPIO will help you convert receivables into cash by advancing funds to your prior to collection. • Reduce much of the credit and collection burden created by international sales. • By outsourcing the credit related business, you can convert the high fixed cost of operation an international credit department into working capital. What kind of companies use import/export factoring? Manufacturers that sell to customers in U.S. with terms of sale of up to 120 days will find this service very useful. What portion of my import/export sales can be covered? Import/export factoring provides credit protection on 100% of the value of your invoices billed. Can MPIO work with my bank? Yes. MPIO can collect the proceeds from your sales and assign them to any bank if required. Can this service enhance my borrowing ability? Yes. Many companies use import/export financing as a method to increase their borrowing a
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- What are the benefits of using MPIOs Import/ Export Factoring Service?
