Factoring sales to Ukraine, Azerbaijan and elsewhere in Eastern Europe

Many factoring companies claim to offer an export factoring service in some manner or other, ranging from accepting the occasional invoices to a debtor in a West European country to a full export service utilizing the services of an overseas factoring partner.

When one looks a little closer it becomes apparent that the factoring companies can be a little picky on which countries they will fund sales to, and whilst they are happy with clients that export to Western Europe they shudder at the mention of Ukraine, Azerbaijan, Moldova or anywhere else in Eastern Europe as they neither understand the market conditions in that region nor have a tie up with a factor that does.

Factoring Solutions have a relationship with a Russian factoring company which is one of the top ten financial corporations in that country and has branches elsewhere in Eastern Europe. They offer a larger range of factoring products than most UK factors do nowadays including traditional recourse and non recourse factoring, maturity factoring  and import and export factoring.

UK manufacturing and service companies that sell to Eastern Europe can now have the same financial advantages as companies that don't export at all, with funding of up to 90% immediately available on sales to countries in this region. 

There is little more paperwork involved than in any domestic factoring arrangement and your point of contact will be in the UK where they will handle the funding and manage the relationship with the East European counterpart.

As with any other type of factoring arrangement there is no charge for our services so please do not hesitate to contact Factoring Solutions for an informal chat without any obligation whatsoever.