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How Export Factoring Can Improve Your Business Cash Flow
In today’s global economy, SMEs face cash flow challenges due to long payment cycles in international trade. Export factoring offers immediate access to up to 90% of invoice value, providing cash within 24-48 hours instead of waiting up to 120 days. This solution ensures instant working capital and reduces credit risk by shifting payment collection to the factoring company.
Growmax Fintech simplifies the process by connecting exporters with multiple factoring providers for quick comparisons and approvals, requiring no collateral. Additionally, export factoring fosters better buyer relationships through flexible payment terms.With tailored solutions, Growmax Fintech helps SMEs effectively manage cash flow, reduce risks, and focus on growth.
To know more : https://growmaxfintech.com/how-export-factoring-can-improve-your-business-cash-flow/
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