Export Factoring

NBG Factors utilizing FCI network, offers integrated export factoring services. Accordingly, firms engaged in export activities will be able to obtain credit appraisals and business reports on their customers, and generally grow their trading activity abroad, by taking into account the diverse legal framework and transaction practices that apply from country to country.

Companies that utilize export factoring services offered by NBG Factors will benefit from the following:

• Invoice discounting and administration of receivables (as in domestic factoring)
• Collection of assigned receivables by correspondent factors abroad
• 100% credit cover against customer insolvency
• Ongoing assessment and control of customers’ activities
• Avoidance of communication, geographical and legal issues that apply in cross border transactions