Providing International Factoring Services To China Small and Medium Size Businesses are playing a large role in exporting to China. 12-02-2005 View Recent Transactions A recent report put out by the department of commerce and the International Trade Administration says that small and medium size businesses are representing a fairly large number among exporters to China. A total of approximately 16,434 U.S. firms are known to have exported merchandise to China in 2002, which is the latest data available as of October of 2005. Eighty seven percent of U.S. exporters to China in 2002 were small and medium size enterprises (SME’s). Very small companies employing less than 20 employees made up for half of the U.S. businesses exporting to China. It was the fastest growing major market for SME’s and they were responsible for almost one third of all U.S. merchandise exports to China in 2002. We believe that China is the number one major market for growth among the SME’s. For this reason, 1st Commercial Credit has partnered with international trade finance companies that can accommodate funding for small international transactions in China and other Asian countries. Our Trade Financial Services may include but are not limited to accounts receivable finance, letters of credit to suppliers, credit insurance per transaction, credit checks for prospective international clients within 48 hours, currency fluctuation insurance, floor financing, 120 day dating term financing and collections. If your business would benefit by using our services. Please click here for more details about our programs. What type of businesses qualify for International Trade Finance? Any U.S. based business can qualify for an international receivables factoring service if: Sell credit worthy international customers or businesses. Has a minimum need of $150,000 in receivable finance. Among the products that we will consider funding to China are as follows but are not limited to: Apparel Beverages and tobacco products Chemicals Computer and electronic products Electrical equipment, appliances, and parts Fabricated metal products Food and kindred products Furniture and fixtures Leather and allied products Machinery Miscellaneous manufactured commodities Non-manufactured products Non-metallic mineral products Paper Petroleum and coal products Plastics and rubber products Primary metal manufacturing Printed matter Textile mill products Textiles and fabrics Transportation equipment Transportation equipment Wood products Would your business benefit by offering credit terms to Chinese companies?  Request a quote today! Call us today and request an international factoring proposal with no obligation or apply online and an account representative will call you the same day or within 24 hrs. Most of our clients are either:  fast growing companies whose past earnings and sales histories will not justify the increased borrowing necessary to acquire needed raw materials and supplies, clients that have been declined by their asset based lender or bank in financing export receivables. companies with seasonal or uneven sales patterns. principles that cannot obtain traditional financing. clients being forced to buy credit insurance on all of their accounts when all they need is one account funded and insured. More on International Factoring 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.

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Quick Link to Financial Resources:

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

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Value Added Services:

Free Load Board sponsored by 1st Commercial Credit

 

 Load Board

Commercial Truck Financing

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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

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