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Benefits to GTF's Facilities |
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Additional Advantages
of GTF's Facilities |
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Marketing Advantage
GTF is able to arrange factoring and forfaiting for exports to a very wide range of countries, allowing you to consider possibility of exporting to territories which may be generally considered to be high risk. Factoring allows exporters to offer extended credit terms even to such countries.
Minimum facility setup time and superior service quality
GTF sets up the facility for the client very quickly on receipt of the completed application from the client. This involves setting up limits on the buyers and a due diligence on the prospective client.
Reduced Risk of Deferred Payment / Usance Credits:
With Factoring the credit risk is considerably reduced on finance / purchase of the receivables, as it is credit protected / non-recourse financing.
Improved Cash Flow:
GTF's services enable its clients to receive the funds almost immediately after shipment instead of waiting until the payment dates agreed with the buyer. The exporter's cash flow is therefore improved.
An early and prompt indication of the cost involved.
Unencumbered Credit Facility :
GTF's facilities do not affect the existing banking facilities of the client
Benefits to Balance Sheet :
The client replaces receivables with cash, thereby injecting liquidity into the working capital cycle.
Speed :
GTF has procedures, which are preset and simple, for setting up credit lines for clients in its books. Once the lines are sanctioned, the client can proceed to submit documents of approved buyers for financing. GTF processes and funds the clients normally within 24 hours of receipt of documents.
Financing Options :
GTF gives the option to its export factoring clients to avail funding either in USD or INR. |
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