Introducing KredX Export Factoring Solution

The success of our flagship invoice discounting product, KredX, and dynamic discounting product, KredX Early, led to the inception of a unique solution that is aimed at creating liquidity for exporters by helping them finance their foreign currency invoices for open account transactions with global importers.

KredX enters into an agreement with the exporters to purchase the export receivables, without recourse and assume credit risks on the overseas buyer.

How Export Finance Works

Company gets onboarded onto the KredX platform with the prerequisite list of documents including the agreement that forms the underlying asset for the transaction

Company accepts the KredX sanction

Company completes the post-sanction processes such as submission of security cheques and payment of a one-time processing fee

KredX lists the deal on the platform

KredX accredited investors purchase the deal

Funds are disbursed to the company within 7-10 working days

Try Export Financing

Export Finance Highlights

Off-Balance Sheet Solution

Seamless Cash Flow

Quick Fund Disbursal within 7-10 days

Transparent Online Process

KredX Export Finance Benefits

Finance against Export receivable from a foreign buyer

Working capital for growing companies

No recourse finance on undisputed export bills

100% Credit risk protection against buyer

Maintenance of sales ledger for transactions with a specific buyer

Easy accessibility of finance for improvement in cash flow and opportunity to make use of supplier discounts

Increase sales in the overseas markets by extending competitive credit terms

Collection of export proceeds and recovery of unpaid bills

Specifics of the Export Factoring Product

Tenure

Tenure for the invoice depends on the export credit line agreed by the buyer and seller.

Margin

Upto 80% of the receivable will be financed, and the remaining 20% or above will be released to the exporter post the payment is received from the importer.

Working Capital For Unpaid Export Invoices

FAQs

Any business that supplies goods/services to a buyer located overseas can avail the export factoring services offered by KredX and its partners. The company should be willing to share their financial information and other related documents for the verification process.