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Does your company export ?

 

 

1. Are you looking for a factoring solution to finance and secure your export development?

 

Depending on the characteristics of your business, your financing and / or guarantee needs, and the countries to which you are exporting, Societe Generale Factoring can set up a tailor-made service for your company that can include:

– Financing of your receivables with clients in the EU and OECD countries
– Management of your customer accounts by Societe Generale Factoring directly or through local partners: issuance, settlement, and collection of your invoices, notified or not notified
– Optional guarantee that includes the prevention and monitoring of client risk via traditional credit insurance or SBLC (Stand by Letter of Credit) and compensation in the event of a 100% declared insolvency of the debtor

 

2. Are you looking for a factoring solution while using trade bills?

Our forfaiting offer :

Forfaiting allows you to offer your domestic or foreign buyer deferred payment while still having the assurance of being paid in cash following the forwarding of the goods or the completion of the services required. The repurchase is carried out without recourse as long as you have correctly executed commercial contract. This offer covers your sales from the moment they are certified by bills of exchange that are accepted by the debtor and endorsed by a bank.

With Forfaiting, you enhance the competitiveness of your commercial offer by combining it with payment terms stretching up to 5 years, you eliminate all export, default, political, and non-transfer risks, and you remove your invoice completely and definitively from the balance sheet.

 

To support the development of its customers internationally Societe Generale Factoring can cover the following geographies with Factors Chain International:

Societe Generale Factoring is part of the world’s leading network of factors, present in 90 countries: The FCI (Factors Chain International) brings together more than 400 factoring companies representing approximately 80% of the global volume of factoring. Membership of the FCI network enables Societe Generale Factoring to offer its clients a simple and secure international approach. Indeed, the concept of the FCI is based on the local expertise of the factors, their knowledge of local customs, as well as the economic and legal environment. Our partnership with FCI provides a virtually unlimited geographical coverage model.

 

List of countries * covered: Algeria, Austria, Belgium, Brazil, Bulgaria, Burkina Faso, Cameroon, Canada, Chile, China, Colombia, Ivory Coast, South Africa, Croatia, Denmark, Spain, Estonia, Ecuador, United States, Finland, Gabon, Hong Kong, Hungary, India, Indonesia, Ireland, Iceland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Lebanon, Lithuania, Luxembourg, Madagascar, Mali , Morocco, Mexico, Niger, Norway, New Zealand, Netherlands, Peru, Poland, Portugal, Dominican Republic, Czech Republic, Romania, United Kingdom, Russia, Senegal, Serbia, Singapore, Slovakia, Slovenia, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, Ukraine, Vietnam. * Non-contractual list.

 

 

 

 

More info?

 

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