JRF International Factoring

JRF as a dedicated international factoring company offers Chinese exporters with accounts receivable financing, customer credit risk coverage and collection services.

Under the factoring agreement, we purchases the exporter's accounts receivable, normally without recourse, and assumes the responsibility for the importer's financial ability to pay. If the importer goes bankrupt or is unable to pay it's debts for credit reasons, we will pay the exporter.

The Benefits of International Factoring

>> International Factoring provides Exporters following benefits:

    > Increase sales in foreign markets by offering competitive terms of sale.
    > Credit protection against credit losses on foreign customers.
    > Accelerate cash flow through faster collections.
    > Improve liquidity and cash flow to support business growth.

>> International Factoring provides  Importers following benefits:

    > Purchase goods on open account terms to reduce operation cost.        
    > No need to open Letter of Credit, release working capital or collateral to support business growth.
    > Expand purchasing power without using existing lines of credit.
    > Improve business profitability.

Qualifications 

    > open account credit sales
    > Annual sales exceed $1 million
    > payment terms within 120 days.