Forfaiting Services – Unlock Instant Cash Flow from Your Export Receivables
At NNRV Trade Partners, we provide professional forfaiting services that help exporters convert their future receivables into immediate, risk-free cash. By selling your medium to long-term export receivables (usually backed by promissory notes, bills of exchange, or letters of credit), you eliminate the risks associated with international trade and strengthen your liquidity.
🔑 What is Forfaiting?
Forfaiting is a financial service used in international trade, allowing exporters to sell their receivables (usually backed by demand or time instruments) at a discount to a forfaiter (like NNRV Trade Partners). The forfaiter pays the exporter in cash and then assumes the risk of collecting payment from the foreign buyer.
💡 This method is particularly useful in capital goods, project exports, and large-ticket transactions.
📈 Key Benefits of Forfaiting for Exporters
- Immediate Cash Flow: Convert receivables into cash without waiting for buyer payment terms (often 180 days to 7 years).
- Risk Elimination: Transfer political, commercial, and transfer risks to us.
- No Recourse Financing: The exporter has no obligation if the buyer defaults — all risks lie with the forfaiter.
- Simplified Balance Sheet: Since forfaiting is off-balance-sheet financing, it improves your financial ratios.
- Fixed Interest Cost: Enjoy predictable financing costs unaffected by interest rate fluctuations.
🌍 How Forfaiting Works – Our Process
- Exporter Ships Goods: You ship goods to a foreign buyer under agreed payment terms.
- Documents Created: The buyer issues promissory notes, bills of exchange, or a deferred payment LC.
- We Buy the Receivables: NNRV Trade Partners purchases these instruments at a discount.
- You Get Paid Immediately: We pay you upfront, while we collect the payment from your buyer at maturity.
📄 Types of Instruments We Accept
- Promissory Notes
- Bills of Exchange
- Deferred Payment Letters of Credit (Usance LCs)
- Avalized drafts or guaranteed instruments
🏦 Ideal Sectors for Forfaiting
- Capital Goods & Machinery Exports
- Infrastructure Projects
- Oil & Gas Equipment
- Engineering Services
- Government-to-Government Trade Deals
📅 Required Documents
To evaluate and process your forfaiting transaction, we require:
- Sales Contract or Proforma Invoice
- Export Receivables Instruments (e.g., promissory notes, LCs)
- Shipping Documents (bill of lading, insurance, certificate of origin, etc.)
- Company Financials & Profile
- Creditworthiness Details of the Importer
🏧 Why Choose NNRV Trade Partners for Forfaiting?
- ✅ Trade Finance Experts: We specialize in cross-border financing, with deep experience in structured trade finance.
- ✅ Global Risk Coverage: We mitigate risks across emerging and high-risk markets.
- ✅ Swift Disbursement: Get your funds released within days after documentation.
- ✅ Flexible Structures: We tailor forfaiting solutions based on your specific transaction and buyer profile.
- ✅ Partner Bank Network: We collaborate with top global banks for added security and speed.
🚀 Start Forfaiting Your Receivables Today
Unlock cash. Eliminate risk. Expand globally.
Let NNRV Trade Partners help you turn your receivables into instant capital so you can focus on growing your business.
📧 Contact us today to get a free consultation or submit your transaction for review.