For Immediate Release Flexible International Finance Available to U.S. Exporters Finally, small or mid-size U.S. exporters can get the immediate funding they need on international receivable transactions. View Recent Transactions El Paso, TX - December 30, 2005. Collecting payments from companies in other countries involves risk and requires credit expertise. U.S. exporters, who are reluctant to extend credit to overseas customers, may lose a significant sale to their competitors. In the past, only large corporations had access to competitive financial services and cost effective credit protection, collections and receivables management. Due to the demand, 1st Commercial Credit now offers finance services to small or mid-sized businesses. These services enable their clients to effectively compete with large corporations around the world. U.S. exporters can now receive timely credit analysis, get credit insurance for just one client or on a per transaction basis, obtain receivable finance in a cost efficient way and request collections in local trade currency. According to Raul Esqueda - President of 1st Commercial Credit - “Small and mid-sized enterprises (SMEs) had no way of financing export receivables in a cost effective way. Most banks are unable to evaluate the credit worthiness of international customers, establish credit risk, and determine export receivables to be ineligible against the borrowing base. In addition to the lack of finance, SMEs are also required to pay large premiums for credit insurance. This made the single debtor transaction almost impossible to achieve. Now there is an answer for small or mid-size companies who want to finance and manage their international receivables”. Unlike most commercial finance companies, 1st Commercial Credit provides funding against the assets that most banks and asset based lending institutions do not consider - the International Receivables. This financial service enables them to help banks and commercial finance companies by facilitating receivable funding for clients who are experiencing growth in international sales. Banks can confidently refer clients to 1st Commercial Credit because they do not compete with their core business. By: 1st Commercial Credit, Account Representative About 1st Commercial Credit, LLC 1st Commercial Credit, a nationwide factoring company headquartered in El Paso, Texas. Provides accounts receivable financing in the US, Canada, and the UK; offers export trade finance to clients in every major world market and can convert receivable finance transactions in 17 currencies.   Other Services: Purchase Order Finance View Recent Transactions US and Canada Tel 1 800 450 9653 United Kingdom Tel 0 800 404 9669 Start Factoring Today! This Document has been digitally date stamped and is monitored. Please do not copy without permission. Other Articles: 02-05-2005 Factoring is an alternative form of business financing 03-09-2005 Factoring Companies: Number one providers for growth capital in the IT Staffing industry. 11-11-2004 Nurse Registry benefits by Business Manager Program Termination 03-29-2005 Why should I choose a full-service factoring company instead of a Bank offering factoring services. 05-10-2005 What to look for in a factoring company? 07-05-2005 Is Accounts Receivable Factoring right for your Business? 10-10-2005 The Hidden Value in Factoring Accounts Receivable - Credit Expertise. 12-30-2005 Press Release: Flexible International Finance available to US Exporters 12-31-2005 Banks should consider Export Trade Finance Outsourcing 01-12-2006 How to use Accounts Receivable Financing in an acquisition of a business. 01-15-2006 Press Release: 1st Commercial Credit expands receivable financing to Mexico 01-31-2006 Texas oil drill bit manufacturer taps into a $1 million receivable factoring credit line. 02-14-2006 Press Release: 1st Commercial Credit Allocates $30 Million for Fort Bliss 8a Contractors 03-13-2006 PR: 1st Commercial Credit offers new freight factoring products for the transportation industry. 05-08-2006 1st Commercial Credit offers factoring and accounts receivable financing in Quebec, Canada. 07-18-2006 PR: Free Freight Matching Load Board sponsored by 1st Commercial Credit 08-28-2006 How to hurdle fast growth financing without adding debt to your business? 09-18-2006 How to improve cash flow without alienating customers or stringing out suppliers. Other related pages by industry: Factoring Temporary Staffing Companies Factoring Medical Providers Factoring Medical Staffing Agencies Factoring IT Staffing Firms Asset Based Lending 1st Commercial Credit (SM) is a trademark of 1st Commercial Credit, LLC.

---

Quick Link to Financial Resources:

Accounts Receivable Financing  |  Financing Purchase Orders | Asset Based Lending |

---

Value Added Services:

Free Load Board sponsored by 1st Commercial Credit

 

 Load Board

Commercial Truck Financing

---

Popular Industries and links:

Freight Factoring | Construction Factoring | Government Contract Factoring | International Factoring
Medical Staffing Factoring | Temp Staffing Factoring | Oil & Gas Industry Factoring | Consumer Contract Factoring

---

Countries:

  [Factoring UK]          [Factoring Canada]          [Factoring USA]