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» When the pendulum swings
© 2004 JMForfaiting Inc.
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JM Forfaiting Inc. is dedicated to providing experienced trade finance services to exporters in the USA and Europe, by
arranging financing for its qualified buyers/importers, or the discounting
of their negotiable instruments.


New Trade Agreements

New trade agreements, such as the Central American Free Trade Agreement (Cafta) and the upcoming Free Trade Agreement of the Americas (FTAA), will pose new challenges to exporters doing business in the region. The increasing need to provide supplier credit in a riskier operational environment will require a careful balance between risk management and profitability

Exporters: Sell Your Negotiable Instruments on a "without recourse" basis.

JM Forfaiting Inc. is dedicated to providing experienced best effort placement services to exporters in the USA and Europe, by arranging financing for its qualified buyers/importers, or the discounting of their negotiable instruments.

Exporter's Dilema

1. Limited Capacity to hold receivables
2. Importers are demanding longer terms
3. Importers are requiring vendor financing

Eliminate Cross Border Risk

We sell your negotiable instruments or arrange local bank financing to qualified buyers without recourse to you, turning them into readily available cash. Know before you ship if you will be able to sell your negotiable instruments, and most importantly, know the price so that you can pass on the cost or share it with your buyer.

What is Forfaiting?

Forfaiting is the discounting of International trade receivables (Negotiable Instruments) on a "without recourse" basis to the seller/exporter.

Negotiable Instruments Include:

1. Bill of Exchange accepted by qualified importer
2. Bill of Exchange with Bank Aval
3. Banker Acceptance
4. Promissory Note issued by importer/buyer
5. Lease Receivables of qualified buyers


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