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EFS Client Advantage
EFS clients gain the competitive edge by having the ability to offer financing at rates and/or terms which otherwise may be unavailable in countries where their respective buyers reside.
EFS clients using short-term insurance products benefit because they enhance their protection against payment default, have the potential to capture additional market share by offering access to financing, and improve the overall credit quality of their foreign accounts receivable portfolio which, if insured, can be used as collateral in a bank borrowing base. Several clients have used trade credit insurance to reduce or eliminate bad debt reserves.
EFS works on a confidential basis with each client to tailor a credit risk mitigation program specific to their individual needs and provides an experienced "trade finance conduit" to major center banks to help satisfy foreign buyers' financing objectives. EFS will assist your bank or will package transactions for submission to a select number of other financial institutions.
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