Forfaiting is the discounting of trade receivables on a without-recourse basis. It is a highly effective finance tool which allows an Exporter / Seller to grant attractive credit terms to his buyers without tying up cash flow or assuming the potential risks of late payment or default. It also protects him against adverse movements in interest and / or currency rates during the credit period.
Thanks to its slim and flexible structure, its broad mandate and its “unregulated” status, MC has a unique place in the trade finance market perfectly positioned to support financial institutions.
Marvel, active in the International Financial Market, has in its portfolio more than 100 financial institutions throughout the world, such as: AIDA ADP, CVI, Standard Chartered, NBD Emirates, NBF, FAB, TABARAK, UBS, RBC, PNC, Ex- Bank, BPI France, BBVA, AIB, Scotiabank, Gonet, Julius Bär, Credit Suisse, Family Offices, among others.
It is known for its excellent performance in the market, carrying out Fundraising, Forfaiting, IPO, Roadshow, M&A and Private Equity operations.
Accrediting Marvel as one of the largest in its field of action.
The main benefits offered by forfaiting solutions to exporters are the following:
➤ The Exporter is paid cash, thus ensuring an enhanced cash-flow and a stronger balance sheet.
➤ Up to 100% of the contract value may be financed without recourse. There is no minimum down payment requirements and there is no risk retention by the Exporter.
➤ The Exporter may have a significant commercial advantage over competitors who do not use forfaiting and who, therefore, may not be able to offer medium- or long-term supplier credit financing.
➤ The Exporter keeps direct contact with the Importer and guides all the financial and commercial discussions through to the signing of the contract.
➤ Marvel Forfaiting can fix interest rates up to 18 months in advance of a shipment date, protecting the Exporter from increases in interest rates, during the manufacturing and delivery period.
➤ The Exporter may be able to obtain pre-shipment financing from its banks, against a commitment from Marvel Forfaiting to discount the receivable without recourse.
The main benefits offered by forfaiting solutions to exporters are the following:
➤ The Exporter is paid cash, thus ensuring an enhanced cash-flow and a stronger balance sheet.
➤ Up to 100% of the contract value may be financed without recourse. There is no minimum down payment requirements and there is no risk retention by the Exporter.
➤ The Exporter may have a significant commercial advantage over competitors who do not use forfaiting and who, therefore, may not be able to offer medium- or long-term supplier credit financing.
➤ The Exporter keeps direct contact with the Importer and guides all the financial and commercial discussions through to the signing of the contract.
➤ Marvel Forfaiting can fix interest rates up to 18 months in advance of a shipment date, protecting the Exporter from increases in interest rates, during the manufacturing and delivery period.
➤ The Exporter may be able to obtain pre-shipment financing from its banks, against a commitment from Marvel Forfaiting to discount the receivable without recourse.