Import and
Export Financing
Solutions

Effective export and import financing strategies can help your business face its financial challenges and risks—allowing you to focus on your core business: buying or selling abroad.

Financing import and export businesses across multiple industries

If you import, export, or both—and have sales over $2 million per year—we have the right solutions for you. Accord provides import and export financing for companies in a variety of industries:

  • Food & Beverage
  • Apparel & Textile
  • Automotive
  • Medical Equipment
  • Promotional Products
  • Furniture and more

We are dedicated to understanding the unique needs and challenges of your import and export business—to provide comprehensive financing solutions customized to help you thrive in your specific industry.

How do you protect yourself in a market where foreign exchange fluctuations can mean the difference between profit and loss? What happens if your foreign or domestic receivables don’t pay?

Sudden jumps or dips in foreign exchange can result in significant swings in your gross margin. While some swings can be profitable, others can be devastating. With Accord’s ability to secure foreign exchange forward contracts on your behalf, you can avoid playing the foreign exchange game and focus your attention on your business, knowing that your bottom line is protected.

Next, is the risk hidden in your customer list. As an importer or exporter, if your customer can’t pay you, who will? When you guarantee your accounts receivable management through Accord, we will.

Finally, if your customers don’t pay, how will you pay your suppliers, take the next growth step, or gain an edge over your competition? All three are possible with supply chain financing from Accord.

In a fast-paced business, not having to wait to receive or make payments will give you an edge and help you to attain your growth objectives. Accord’s import and export financing solutions do just that.

As an importer or exporter, timing is key, and it is essential that you have the necessary financing to navigate the process of paying for goods, shipping to customers and collecting on your invoices. The successful, on-time delivery of your products—and ultimately—the profitability of your business, depend on these factors.

Financing your flow of goods should be the last of your worries. With Accord’s import financing, you can focus on growing your business. We can turn you accounts receivable into cash with A/R financing, establish letters of credit with your suppliers, or give you a pricing advantage by paying them immediately with supply chain financing.

With your supplier now paid and your product successfully delivered to your customer having a continuous flow of cash is important for you to begin the cycle again.

Importers with existing bank facilities can boost their purchasing power with supply chain financing from Accord. The AccordOctet supply chain finance program gives you a revolving unsecured line of credit, boosting your buying power without affecting existing financing facilities.

  • Pay your suppliers fast
  • Negotiate discounts for quick payment
  • Handle peak seasonal periods
  • Take up to 120 days to repay Accord

AccordOctet effectively unlocks capital tied up in your supply chain. Use our money to pay your suppliers and pay us back as you collect from your customers.

Accord has been managing accounts receivable for importers and exporters for over 40 years. We know how to make sure your invoices get paid on time. And when we set credit guarantees for your customers, you get risk-free credit protection, guaranteed.

Frequently Asked Questions

Trade finance consist of financing specifically geared to respond to the needs of international trade.

These transactions typically occur on a global level involving the purchase and sale of various goods using instruments including letters of credit, international wire or SWIFT transfers, factoring, documentary collection and currency forward contracts.

As a company in the import or export business you may be able to use one of the following trade finance solutions to help finance your business:

Top trade financing companies have a knowledgeable team with extensive experience working through import/export financing with many companies just like yours.

Working with an experienced lender will provide you and your company with a critical resource in completing your trade financing.

With over 40 years of experience in trade financing, Accord has the expertise needed to help your business find a solution that’s right for you. Call us to learn how you can benefit from trade financing: +1-844-932-9940 (Canada) / +1-844-725-4225 (US).

Commercial risk refers to the counterparty risks that you take on when you participate in international trade.

These risks may include:

  • nonpayment by your customers
  • failure of your suppliers to meet their commitments to you
  • currency fluctuations

These commercial risks can be exacerbated by other barriers relating to language and cultural differences. An experienced trade financing partner, such as Accord, can help mitigate these risks by giving you access to tools such as letters of credit, credit insurance and currency hedging.

Import financing refers to trade finance transactions specifically related to the purchase of goods from foreign suppliers.

There are several types of import financing offered by Accord that could benefit your company:

Beyond the basic, intrinsic financial and operational risks of the financing process, some other import finance risks are:

  • country risk (political and economic stability, customs, protectionism)
  • foreign exchange risk (exchange rate volatility, speculation)
  • bank risk (backing documents issued from unreliable banks)
  • fraud (forged documentary credit, insurance fraud, stock theft, transport piracy)

Export financing refers to trade finance transactions which support the sale of goods to foreign buyers.

Export financing options include:

Accord offers a variety of export financing solutions. Call us now to see which financing option is right for your export company: +1-844-932-9940 (Canada) / +1-844-725-4225 (US).

In addition to the inherent financial and operational risks, the specific risks associated with export finance include:

  • political risk (tariffs, customs, economic stability, etc.)
  • foreign exchange volatility and speculation)
  • bank risk (leveraging or trusting documents from unknown foreign banks)
  • fraud (forgery of credit documents, insurance fraud, stock theft, overseas piracy)