Tradewind specializes in cross-border transactions and finances trade anywhere in the world for sales made on open account, letter of credit, and documentary collections payment terms.
Tradewind can solve short-term cash flow issues by purchasing your company’s account receivables in exchange for an advance of up to 95% of the total invoice value. We then collect the full amount from your customer upon invoice maturity. Once the invoice is paid in full, we send you the remaining balance. With an emphasis on eliminating trade risk, Tradewind offers non-recourse factoring, providing you with credit protection.
HOW IT WORKS
Export Factoring on Open Account Terms
- Tradewind inspects the creditworthiness of your buyer and sets a credit limit on them
- Tradewind buys your accounts receivable and pays you generally within 24-48 hours of invoice submission
- Tradewind handles the management of your accounts receivable and the complete dunning process
- In case your customer cannot pay due to insolvency, Tradewind will pay you (non-recourse)
Export Factoring via Payment Against Documents
If you sell on documentary terms, Tradewind will advance you funds and handle the bank collections process.
Export Factoring via Letter of Credit
Your buyer opens a letter of credit to Tradewind, which guarantees you are paid if the terms and conditions specified in the letter of credit are fulfilled.
Factoring, also known as invoice financing or account receivable financing, helps companies accelerate cash flow, improve collections and control exposure to bad debts. It enables companies to generate more sales by offering longer payment terms without disrupting cash flow.