International Debtor Finance Solutions
As a member of Factors Chain International (FCI), Bendigo and Adelaide Bank Limited can provide tailored import and export debtor finance services to facilitate businesses trading internationally.
If you are an exporter or a financier located overseas with a customer that has a buyer in Australia or New Zealand, we can facilitate debtor finance with our international FCI membership network.
Export
If an Australian company has buyers that are located in another country, Bendigo and Adelaide Bank has the facility to provide credit protection and a collections service for the invoices raised to those buyers.
Import
If a financier located overseas has a customer with a buyer located in Australia or New Zealand, Bendigo and Adelaide Bank can facilitate credit protection and a collections service for the overseas customer.
Read more detail about how our International Debtor Finance Solutions work.
Our other types of debtor finance solutions are offered through our wholly-owned subsidiary Oxford Funding.
Why deal with Bendigo and Adelaide Bank?
Bendigo and Adelaide Bank Limited is a member of Factors Chain International, a worldwide chain of over 252 financial institutions in 66 countries, all with the aim of facilitating international trade. As a result, our debtor finance facilities have features that are not readily available elsewhere:
- Improved cash flow - obtain funding on your invoices immediately a Bill of Lading or Airway Bill has been issued. Don’t wait until the goods have been physically delivered.
- Credit Protection - provides protection against your customers’ inability to pay.
- Outsource your overseas receivables administration, allowing you to concentrate on running your business.
- Obtain improved credit control and minimise your bad debts via Bendigo and Adelaide Bank’s state-of-the-art international credit checking and monitoring facilities.
- Selective Funding - you do not need to factor your entire ledger.
- Our no concentration policy means you can fund lumpy transactions. We will fund even a single debtor.
- Eliminate the need for Letters of Credit.
Other benefits of our International Debtor Finance Solutions
- Access to local sources of credit information and experience of own debtor portfolio.
- On the spot expertise in the buyers' market.
- Importers are dealt with in their own language, time zone and according to their normal customs and practices.
- Get assistance with resolving disputes.
- We can provide valuable information about various market sectors.
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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