Export Debtor Finance

Why is Export Debtor Finance right for you?

• Ensures your cash flow keeps pace with your growing export sales
• Enables you to export with confidence, knowing that you can be protected from the risks of bad debts
• Generates cash flow to fund further sales and growth whilst offering extended terms to your export customers
• Delivers the convenience and competitive advantage of being able to offer open account terms
• Access to HSBC international credit control expertise to help collect debts effectively and efficiently
• Can be with or without credit protection depending on your needs and spread of risks
• You can conduct your own collections or use the bank services to assist

The benefits of Export Debtor Finance

• Speed and flexibility - You are free to negotiate the most appropiate terms for the sale
• Cash flow - Your export sales become an immediate source of additional working capital
• Protection from bad debts - We may provide you with credit protection that can help safeguard your cash flow and profits
• Support - If languages and time zones make a long range collection difficult, we offer a range of support services to help you overcome these obstacles. Unlike many domestic banks, HSBC has an extensive global network combined with local knowledge that can put you in touch with export markets that you wish to trade in.
• Convenience - Once you have chosen Export Debtor Finance, you can concentrate on growing your export sales with confidence, knowing you have the backing you need
• Control - HSBC can help by providing fast, efficient professional collection, transmission and processing of you overseas customer payments
• Foreign currency funding - Funding is available in the currency of the eligible invoice for bank approved currencies
• Online access - Able to operate the facility online through DebtorsDirect

Who is eligible for Export Debtor Finance?

• Businesses trading locally or with overseas customers on open account terms
• Businesses with a turnover of AUD5m p.a. or more
• Businesses with no property security available to secure working capital finance or needing property security released
• Profitable businesses needing cash flow to finance expansion/sales growth or which have too much capital tied up in receivables
• Businesses invoicing on completion or shipment of products or services