How does Export Debtor Finance work?
Credit limits for your overseas debtors are "pre-approved" by one of our 252 overseas correspondents.
- You provide us with a copy of your Purchase Order, Invoice & Bill of Lading.
- Within 24 hours we provide you with 80% of the face value of the invoice.
- Your debtor pays our correspondent direct, who in turn remits the funds to Bendigo and Adelaide Bank. We then pay you the remaining 20%, less a small fee.
- Our overseas correspondent undertakes all debtor administration tasks on your behalf.
- If your debtor is unable to make payment due to insolvency, our correspondent pays you. It's just like credit insurance.
Import Debtor Finance
As a member of FCI, we act as an Import Factor to fellow members all over the world. Due to our vast expertise we are able to provide credit protection and state-of-the-art debtor administration services.
Contact us
To find out more about our International Debtor Finance Solutions, please contact Julie Smith, International Manager, Debtor Finance on 1800 850 509 or julie.smith@bendigobank.com.au.
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