HSBC The world's local bank

If your business has a projected turnover of at least AED 10 million, we can help.

Benefits:

• Up to 80 per cent of the invoice value could be made available to you on the next working day
• Pay only for the funds you draw down into your bank account
• Flexibility to decide when to take funding from us
• Allows you funding even up to 30 days after the invoice due date
• Spend less time chasing payments. We'll do it for you

If your business has a projected turnover of at least AED 10 million, we can help.

Benefits:

• Trade on open account terms and avoid Letters of Credit costs
• Your customers can pay via their local banks while you receive the funds from us
• Assistance from HSBC representatives in your customers' countries
• Financing against your invoices available in USD, GBP, EUR and your domestic currency
• One Export Factoring agreement covers the credit risk of your sales to multiple countries and customers

If your business has a projected turnover of at least AED50 million and you want to improve your cash flow before payments for your goods or services come in, then this solution could be right for you.

• Receive funding against your invoices without customers having to know
• Up to 80 per cent of the invoice value could be made available the next working day
• Flexibility to decide when to take funding from us
• Pay only for the funds you draw down into your bank account
• Allows you funding even up to 30 days after the invoice due date

Are you selling to businesses on credit terms, holding on to post-dated cheques and want to improve your cash flow? Deposit post-dated cheques with us and you could avail up to 100%¹ of the cheque value the next working day!

• You provide goods and services to agreed-upon customers on credit terms and obtain post-dated cheques
• You send us the cheques with endorsement in our favour
• We make available up to 100 per cent of the cheque value, less charges
• Pay only for the funds you draw down into your bank account
• We warehouse and clear the cheques. Once payment is received, you receive any remaining balance, less charges

Do you sell on open credit but want to minimise your exposure to bad debts?

• Your business is protected from the risk of customer insolvency or delayed payments
• Your capital is sheltered from bad debt, for both domestic and international sales
• Funding of valid invoices continues even if a customer fails to pay
• Receivables finance could be treated as an off-balance sheet non-recourse transaction by your auditor
• No lengthy claims procedures, onerous reporting or annual cap