Through export factoring, the exporter finances its sales abroad by transferring the export documents. Through Summa, you will receive an advance on the factored amount, in addition to risk coverage and invoice collection management.
The advantages of export factoring are:
Facilitate exports through more attractive payment terms and conditions, expanding the client portfolio, optimizing management times and costs.
Being able to sell in an account opened abroad.
Be able to grant longer payment terms.
Being able to export larger volumes and amounts.
Expand the client portfolio.
Avoid cultural and language barriers.
Get advice on the credit reliability of customers.