Export Accounts-Receivable Loans

Oddly enough, if you're shipping to good credit-worthy customers overseas, it can often be easier to obtain financing against these accounts than those domestically. The reason is that the U. S. Government chartered and maintains the ExIm Bank, which insures such accounts to promote our country's trading overseas, and the bank sets the standards for the industry. Normally you must work through your lender for this type of financing. You'll need three years of profits to qualify for this product, and at least 50% of the product must be made in the U. S.

Advantages: Moderate cost, intense scrutiny of your company and your overseas customers.

Disadvantages: Intense due-diligence process, as the ExIm Bank and other carriers want to make certain you're selling to companies who can and will pay their bills.

Current Availability: If you qualify, abundant availability.