How Financial Institutions Are Promoting Growth and Sustainability
Export Finance
Does it give you a headache facing the tied up cash flow, having to ship goods to the customer and waiting for the payment with a long payment term that is usually 30 to 90 days?
Export finance allows the companies that sell products to overseas customers to get access to working capital before they get paid for the invoice issued. The working capital here refers to account payable by exporters.
How it works
Apply for export finance online with the unpaid invoice and other relevant information regarding the trade order.
Sign the agreement with your financier and get the advance payment of the invoice
Have your goods shipped
Get the balance payment of the invoice
Pay your financier back according to the agreement terms when get paid upon maturity
Why Choose Nu-Credits:
At Nu-Credits, we focus on providing your business with fast, flexible, and low-cost solutions that is tailor-made for your import business;
Preferred Currency
You will make your payment in the currency you preferred at the most reasonable rate supported on our multi-currency payment platform.
Speediness
You will get your preliminary assessment results within 24 hours
Cybersecurity Guaranteed
The inherent resiliency of our blockchain technology sets up the most secure environment for online transactions that is free from cyber risks and attacks.
24-hour Online Support
Our professional team is available to help you with any questions any time.
Interested in a customised finance solution? Please don’t hesitate to
How to apply?
Agree on a payment terms with your buyer overseas and apply for the loan on-line by submitting essential information requested that will only takes couple of minutes.
1.
Your request for the loan will be assess by us.
2.
Get your preliminary approval along with a terms sheet within 24 hours that lists the general deal terms
3.
Once accepting the terms, you will complete the full application by submitting the supporting documents if required.
4.
Get your preliminary approval along with a terms sheet within 24 hours that lists the general deal terms
5.
Upon receiving confirmation documents of the shipment, the financier advances the exporter a substantial percentage of invoice face value minus our fees within 24 hours.
6.
Upon receiving the confirmation documents of the goods collection by the buyer, the financier will pay you the balance.
7.
Pay your financier back according to the agreement terms when get paid upon maturity?
8.
Let's get your business on the right track!
Am I eligible?
You can use Nu-Credits Export Financing if...
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You are a registered company which have more than 12 months trading history
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You have audited financial reports with a turnover of over ...
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Your buyer has a solid credit history and has been in business for ...years generating turnover of over ...
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How does Export Financing work?It is simple. After the goods or services are sold to your client, we will buy the invoices from you for a discounted price. In addition, we will take over all the responsibilities of collecting it.
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How long will it take until my invoices are paid for?Our experienced team will evaluate the application of your business within 24 hours of receiving it.
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What countries do Nu-Credits cover?Being a global company has its benefits. Having worldwide partners all over the world we can evaluate your application globally be it the EU, Japan, China or any other jurisdiction. Have any clients in China but cannot afford to wait for a long time until the invoices are covered? We will collect it on behalf of you.
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What industries do you work with?NU Credits cover wide scope of industries. Industries that we work with include Manufacturing, Agriculture, Business, IT Services, Wholesale Trade and others. For more inquiries please contact us in the form below.
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What are the benefits of invoice factoring with Nu-Credits?1. It solves cashflow challenges. 2. Gives you more time to focus on core business operations. 3. Reduction of your DSO (Days Sales Outstanding). 4. Unlimited Capital for your business growth. 5. Factoring transaction is a sale, not a loan so it does not affect your creditworthiness.
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I want to export merchandise to my client in China but cannot afford to wait for 90 days until my invoices are covered. My bank has decided not to issue a credit because of my creditworthiness before, can I still apply for my invoice to be sold to NU Credits?"Yes. As long as your client has a good credit history, we will be more than willing to buy the invoice from your business.
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