US Financial Releases New International Invoice Factoring Program

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US Financial has added International Invoice Factoring and Purchase Order Financing to its programs. They now cover exports and imports to the US, Canada, Mexico, the Middle East, Europe and Asia.

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US Financial Companies (USF), based in Columbus, Ohio, has been doing equipment financing and factoring in the US since 1998. International Equipment Financing was added in 2002 at the request of many of its European customers.

With the demand for Export Financing on the rise, USF has started a division solely dedicated to International Invoice Factoring and Purchase Order Financing. USF can do Trade Financing in the US, Canada, Mexico, Asia, the Middle East, some Latin countries and all of Europe.

International Invoice Factoring has helped customers expand in the new markets while mitigating their risks against catastrophic loss. Now customers can attract new business by being able to offer favorable terms to their respected clients while being assured of payment for their goods.

Kevin Adams, President of US Financial, has said: "The demand has been very high and we have already seen applications from China, Europe and the US. We feel this will help many of our existing customers and let us reach out to new customers looking to expand their international footprint almost overnight. It really was the right time to get in International Invoice Factoring and Purchase Order Financing. We are very excited about it."

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Henry Grace

Henry Grace
US Financial Services
since: 03/2013
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