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This service is provided to companies operating anywhere in the world, selling to customers around the globe. International Factoring is particularly interesting to exporters and importers looking to alleviate overseas credit risk and streamline global receivables transactions. Summar empowers their clients by providing cash against invoices, BOL and confirmation of the goods or services being received in satisfaction. Advance percentages depend upon the creditworthiness of customers and range from 70% to 90% of the invoice face value.
Summar currently services clients in Central and South America whose customers are in the United States, Canada, Puerto Rico and some countries in Europe. |
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