Mezra Forfaiting – What is forfaiting ?
lForfaiting is a proven method of
providing fixed-rate financing for international
trade transactions. In recent years, it has
assumed an important role for exporters
who desire cash instead of deferred payments, especially from
countries where protection against
credit, economic and political risks has become
more difficult.
lForfaiting goes beyond
credit insurance cover provided by government and
private institutions, which usually require
partial risk retention by the exporter,
and provides the exporter with cash at the time of shipment, and on a non-recourse basis.