Purchasing financing, also called Finetrading, varies from reverse factoring in that the purchasing financer acts as a real intermediary who becomes owner of the goods. It does not deal only with factorisation.
With the financing of goods the finetrader acts as intermediary for the immediate settlement of the invoice amount. The client can thereby profit in full from the defined term of payment. The term of payment from up to 120 days for consumable goods, and up to 12 months for capital goods is possible.
Finetrading is the ideal complement in the financing realm to what your home bank can offer.
Finetrading is worldwide useable, also in difficult countries, initiator can be the supplier or the client, applicable individually without general duties to sale.