Benefits

Benefits

Immediate working capital

Benefits of factoring
Advantages of working with Well Fargo Capital Finance

For the export factor

Shifts collateral risk from pool of unknown foreign buyers to an import factor, such as Wells Fargo Capital Finance
Often speeds up accounts receivable collections
Payment goes directly to the import factor and not the seller
Immediate access to accounts receivable collateral performance information
Ability to generate fee income
Import factor can make advances to the export factor
Can increase client retention
Often treated as an off-balance sheet item

For the exporter/seller

Open account terms may help retain, win, or expand business
Can provide credit protection against bad debt losses
Eliminates collection efforts in different time zones and languages
May quicken collection of accounts receivable
Access to funding / working capital
Converts costs from fixed to variable
Includes accounts receivable management

Open account terms may help retain, win, or expand business
One cohesive relationship management team
Eliminates collection efforts in different time zones and languages
Optional funding against factored clients' accounts receivable

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