COFACE NORTH AMERICA Accounts Receivable Financing
Coface Mission <ul><li>Coface facilitates business-to-business commerce worldwide, offering solutions to all companies — w...
Key Facts about Coface <ul><li>Founded in France in 1946, international expansion in 1990s </li></ul><ul><li>Subsidiary of...
What is Accounts Receivable Financing? <ul><li>Coface will  buy your qualified commercial invoices  and take full responsi...
AR Financing v. Bank Loans <ul><li>AR financing is a complete financial package. </li></ul><ul><ul><li>Coface buys qualifi...
Benefits of AR Financing:  Grow, Grow, Grow! <ul><li>Increased Growth:   AR financing is especially beneficial for growing...
Benefits of AR Financing:  Improve Your Financial Portfolio <ul><li>Protection from Payment Defaults or Bankruptcies:  Cof...
How Does Coface’s AR Financing Work?* Step 1 Your company sends an invoice to your customer. Step 2 Your company sends a c...
THANK YOU Michael LaRocco Regional Account Executive Coface North America 1350 Broadway, Suite 2001 New York, NY 10018 T: ...
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AR Financing Presentation/Coface

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Factoring is taking a company’s greatest asset, their account receivables, giving them 80% or more cash advance upfront, managing the collecting and protecting them from non-payment.

Do you have receivables? Do you know how you can benefit from getting cash upfront and not having to wait 30, 60 or 90 days? You might be able to get supplier discounts or increase your sales by offering open terms! You will have professional collections and detailed online management reporting allowing you to focus on your core business and delegate your resources to higher valued activities. Coface will take on the risk, protecting you from non-payment, you keep a clean financial statement and you never have to worry about writing off bad debt. These are some of the ways you can make money, save money and save time with Factoring.

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  • AR Financing Presentation/Coface

    1. 1. COFACE NORTH AMERICA Accounts Receivable Financing
    2. 2. Coface Mission <ul><li>Coface facilitates business-to-business commerce worldwide, offering solutions to all companies — whatever their size, nationality, or business sector — for managing, protecting, and financing their accounts receivable. </li></ul><ul><ul><li>Credit Insurance </li></ul></ul><ul><ul><li>Company Information </li></ul></ul><ul><ul><li>Receivables Management </li></ul></ul><ul><ul><li>Accounts Receivable Financing </li></ul></ul>
    3. 3. Key Facts about Coface <ul><li>Founded in France in 1946, international expansion in 1990s </li></ul><ul><li>Subsidiary of Natixis </li></ul><ul><li>2007 sales of $1.8B </li></ul><ul><li>Offices in 60 countries, with partner network that expands global reach to 94 countries </li></ul><ul><li>5 regional offices in the United States </li></ul><ul><li>6,000 employees; 100,000 clients </li></ul><ul><li>Rated AA+ by Fitch, AA by Standard & Poor’s, and Aa3 by Moody’s </li></ul>Worldwide Trade Facilitator
    4. 4. What is Accounts Receivable Financing? <ul><li>Coface will buy your qualified commercial invoices and take full responsibility for the credit, collections, and services expertise, freeing you to concentrate on your core business. </li></ul><ul><li>You receive immediate funds instead of waiting 30, 60, or 90 days for payment. It is like your clients pay Cash on Delivery. </li></ul>
    5. 5. AR Financing v. Bank Loans <ul><li>AR financing is a complete financial package. </li></ul><ul><ul><li>Coface buys qualified receivables, guarantees credit, collects invoices, and applies payment. </li></ul></ul><ul><ul><li>As your volume of business grows, the more financing you are automatically eligible for, regardless of your balance sheet! </li></ul></ul><ul><ul><li>AR financing helps increase cash flow. </li></ul></ul><ul><li>Banks loan money. </li></ul><ul><ul><li>Banks require extensive documentation, are asset-based lenders, may charge fees for investigation and “commitment fees” for the loan size. </li></ul></ul><ul><ul><li>If financing needs increase, the bank must renegotiate the line. This takes more time, money, documentation, and asset security. </li></ul></ul><ul><ul><li>The rate of interest a bank charges is unimportant if the amount available does not help a company grow. </li></ul></ul>
    6. 6. Benefits of AR Financing: Grow, Grow, Grow! <ul><li>Increased Growth: AR financing is especially beneficial for growing companies that need cash to finance expansion, take advantage of supplier discounts and even build their own credit ratings. </li></ul><ul><li>Increased Cash Flow: We advance cash on qualified receivables, NON RECOURSE! </li></ul><ul><li>Increased Market Share: Beat your competition by offering credit terms to customers at no risk to you. </li></ul><ul><li>Unrestricted Use of Funds: As sales increase, more money becomes immediately available. </li></ul>
    7. 7. Benefits of AR Financing: Improve Your Financial Portfolio <ul><li>Protection from Payment Defaults or Bankruptcies: Coface will investigate the creditworthiness of each buyer and on all eligible receivables the risk of customer default will be transferred to Coface. </li></ul><ul><li>Build Your Credit Rating: Increase your cash flow so that you may pay suppliers on time and establish a good credit rating; this may enable you to get credit from other suppliers and other financial institutions. </li></ul><ul><li>Reduced Operating Expenses: Coface manages the credit and collections functions, allowing you to concentrate on higher value-added activities such as sales or marketing. </li></ul>
    8. 8. How Does Coface’s AR Financing Work?* Step 1 Your company sends an invoice to your customer. Step 2 Your company sends a copy of the invoice to Coface. Step 3 Coface wires a cash advance to your company’s account. Step 4 Coface receives full payment from your customer. Step 5 Coface wires balance of invoice less factoring fee and interest fee. *This is only an illustration. Coface’s AR financing is contingent on the number of customers, the size of those customers’ invoices, and the customers’ creditworthiness. Grow your business! Reinvest the advance back into your business.
    9. 9. THANK YOU Michael LaRocco Regional Account Executive Coface North America 1350 Broadway, Suite 2001 New York, NY 10018 T: 917.968.8928, F: 516.908.3811 E: [email_address]

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