{"id":976,"date":"2020-12-30T18:51:16","date_gmt":"2020-12-30T18:51:16","guid":{"rendered":"https:\/\/shanghaicapitalfund.com\/?page_id=976"},"modified":"2021-01-13T03:06:30","modified_gmt":"2021-01-13T03:06:30","slug":"export-forfaiting","status":"publish","type":"page","link":"https:\/\/shanghaicapitalfund.com\/?page_id=976","title":{"rendered":"EXPORT FORFAITING"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"976\" class=\"elementor elementor-976\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a73972 elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"9a73972\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ad3cea0\" data-id=\"ad3cea0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-729606f elementor-widget elementor-widget-image\" data-id=\"729606f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1350\" height=\"400\" src=\"https:\/\/shanghaicapitalfund.com\/wp-content\/uploads\/2020\/12\/Copia-de-Sem-nome.png\" class=\"attachment-full size-full wp-image-381\" alt=\"\" srcset=\"https:\/\/shanghaicapitalfund.com\/wp-content\/uploads\/2020\/12\/Copia-de-Sem-nome.png 1350w, https:\/\/shanghaicapitalfund.com\/wp-content\/uploads\/2020\/12\/Copia-de-Sem-nome-300x89.png 300w, https:\/\/shanghaicapitalfund.com\/wp-content\/uploads\/2020\/12\/Copia-de-Sem-nome-1024x303.png 1024w, https:\/\/shanghaicapitalfund.com\/wp-content\/uploads\/2020\/12\/Copia-de-Sem-nome-768x228.png 768w\" sizes=\"(max-width: 1350px) 100vw, 1350px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a4be77d\" data-id=\"a4be77d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c67ffcc elementor-nav-menu__align-center elementor-nav-menu--dropdown-none elementor-nav-menu--indicator-classic elementor-widget elementor-widget-nav-menu\" data-id=\"c67ffcc\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;horizontal&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav role=\"navigation\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-horizontal e--pointer-underline e--animation-drop-out\"><ul id=\"menu-1-c67ffcc\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-390\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=377\" class=\"elementor-item\">HOME<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-388\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=861\" class=\"elementor-item\">ABOUT US<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-392\"><a href=\"#FinancialSolutions\" class=\"elementor-item elementor-item-anchor\">FINANCIAL SOLUTIONS<\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-904\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=955\" class=\"elementor-sub-item\">IMPORT FINANCING<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-944\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=962\" class=\"elementor-sub-item\">Export Financing<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-929\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=969\" class=\"elementor-sub-item\">Export Letter of Credit<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-930\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=976\" class=\"elementor-sub-item\">Export Forfaiting<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-931\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=984\" class=\"elementor-sub-item\">Receivables Factoring<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-906\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=994\" class=\"elementor-sub-item\">INVOICE FACTORING<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-905\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1002\" class=\"elementor-sub-item\">BANK GUARANTEES<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-908\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1013\" class=\"elementor-sub-item\">CONSIGNMENT PURCHASE<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-933\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1021\" class=\"elementor-sub-item\">Strutucred Finance<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-934\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1033\" class=\"elementor-sub-item\">Political Risk Insurance<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-391\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=880\" class=\"elementor-item\">CONTACT US<\/a><\/li>\n<\/ul><\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<i class=\"eicon-menu-bar\" aria-hidden=\"true\"><\/i>\n\t\t\t<span class=\"elementor-screen-only\">Menu<\/span>\n\t\t<\/div>\n\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" role=\"navigation\" aria-hidden=\"true\"><ul id=\"menu-2-c67ffcc\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-390\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=377\" class=\"elementor-item\">HOME<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-388\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=861\" class=\"elementor-item\">ABOUT US<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-392\"><a href=\"#FinancialSolutions\" class=\"elementor-item elementor-item-anchor\">FINANCIAL SOLUTIONS<\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-904\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=955\" class=\"elementor-sub-item\">IMPORT FINANCING<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-944\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=962\" class=\"elementor-sub-item\">Export Financing<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-929\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=969\" class=\"elementor-sub-item\">Export Letter of Credit<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-930\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=976\" class=\"elementor-sub-item\">Export Forfaiting<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-931\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=984\" class=\"elementor-sub-item\">Receivables Factoring<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-906\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=994\" class=\"elementor-sub-item\">INVOICE FACTORING<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-905\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1002\" class=\"elementor-sub-item\">BANK GUARANTEES<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-908\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1013\" class=\"elementor-sub-item\">CONSIGNMENT PURCHASE<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-933\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1021\" class=\"elementor-sub-item\">Strutucred Finance<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-934\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=1033\" class=\"elementor-sub-item\">Political Risk Insurance<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-391\"><a href=\"https:\/\/shanghaicapitalfund.com\/?page_id=880\" class=\"elementor-item\">CONTACT US<\/a><\/li>\n<\/ul><\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54b4a49 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"54b4a49\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1e15c76\" data-id=\"1e15c76\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f453f9e elementor-section-height-min-height elementor-section-boxed elementor-section-height-default\" data-id=\"f453f9e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5b5bb9a\" data-id=\"5b5bb9a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37b6fe4 elementor-widget elementor-widget-heading\" data-id=\"37b6fe4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">FORFAITING<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2ece54a\" data-id=\"2ece54a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a85031 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9a85031\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9749591\" data-id=\"9749591\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d4b59f0 elementor-widget elementor-widget-heading\" data-id=\"d4b59f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Forfaiting Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2770c4 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"a2770c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e70b09d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e70b09d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ddde3f6\" data-id=\"ddde3f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e7ec738 elementor-widget elementor-widget-text-editor\" data-id=\"e7ec738\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With the exception of it being a funny word that everyone thinks is another word you are mispronouncing, forfaiting is an excellent tool for raising trade financing very quickly and with little fuss. a common method of financing international trade that provides cash to exporters in return for selling their medium and long-term foreign accounts receivable. The accounts are sold to a forfaiter, a specialized financier or bank that performs non-recourse export financing through the purchase of medium and long-term trade receivables, at a discount without recourse.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-edd9583 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"edd9583\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f7b78bd\" data-id=\"f7b78bd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2300b87 elementor-widget elementor-widget-heading\" data-id=\"2300b87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h2 data-fontsize=\"24\" data-lineheight=\"29.04px\" style=\"color: var(--h2_typography-color);margin-top: var(--h2_typography-margin-top);margin-right: 0px;margin-bottom: var(--h2_typography-margin-bottom);margin-left: 0px;font-family: var(--h2_typography-font-family);font-weight: var(--h2_typography-font-weight);line-height: 1.21;letter-spacing: var(--h2_typography-letter-spacing);font-size: var(--h2_typography-font-size);white-space: normal;--fontSize:24;--minFontSize:24\">Forfaiting Key Points<\/h2><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5322510 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5322510\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e5f8ab2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5f8ab2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-fa209a9\" data-id=\"fa209a9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-418d34b elementor-widget elementor-widget-text-editor\" data-id=\"418d34b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Forfaiting eliminates virtually all risk to the exporter, with 100 percent financing of contract value<\/li><li>Exporters can offer medium and long-term financing in markets where the credit risk would otherwise be too high<\/li><li>Suitable for exports of capital goods, commodities and large projects on medium and long-term credit<\/li><li>Forfaiting generally works with bills of exchange, promissory notes, or a letter of credit<\/li><li>Financing can be arranged on a one-shot basis in any of the major currencies, usually at a fixed interest rate<\/li><li>Forfaiting can be used in conjunction with officially supported credits backed by export credit agencies<\/li><li>In most cases, foreign buyers must provide a bank guarantee in the form of a letter of guarantee or letter of credit<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-14586f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"14586f9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8dee090\" data-id=\"8dee090\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3938a7 elementor-widget elementor-widget-heading\" data-id=\"a3938a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Description of Forfaiting<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90be9d7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"90be9d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-572ddac elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"572ddac\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-d463582\" data-id=\"d463582\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1256df2 elementor-widget elementor-widget-text-editor\" data-id=\"1256df2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Forfaiting is a method of trade finance that allows exporters to obtain cash by selling their medium and long-term foreign accounts receivable at a discount on a \u201cwithout recourse\u201d basis. A forfaiter is a specialized finance firm or a department in a bank that performs non-recourse export financing through the purchase of medium and long-term trade receivables. \u201cWithout recourse\u201d or \u201cnon-recourse\u201d means that the forfaiter assumes and accepts the risk of non-payment. Similar to factoring, forfaiting virtually eliminates the risk of non-payment, once the goods have been delivered to the foreign buyer in accordance with the terms of sale. However, unlike factors, forfaiters typically work with exporters who sell capital goods and commodities, or engage in large projects and therefore need to offer extended credit periods from 180 days to seven years or more. In forfaiting, receivables are normally guaranteed by the importer\u2019s bank, which allows the exporter to take the transaction off the balance sheet to enhance key financial ratios. Most users of forfaiting are large established corporations, but small and medium-size companies are slowly embracing forfaiting as they become more aggressive in seeking financing solutions for exports to countries considered high risk.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e12b956 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e12b956\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-505525e\" data-id=\"505525e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b8cf441 elementor-widget elementor-widget-heading\" data-id=\"b8cf441\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cost of Forfaiting<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8efcca elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b8efcca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b2f3e76 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2f3e76\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-998e1d2\" data-id=\"998e1d2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-429706d elementor-widget elementor-widget-text-editor\" data-id=\"429706d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The cost of forfaiting to the exporter is determined by the rate of discount based on the aggregate of the LIBOR (London inter bank offered rate) rates for the tenor of the receivables and a margin reflecting the risk being sold. In addition, there are certain costs that are borne by the importer that the exporter should also take into consideration. The degree of risk varies based on the importing country, the length of the loan, the currency of the transaction, and the repayment structure\u2013the higher the risk, the higher the margin and therefore the discount rate. However, forfaiting can be more cost-effective than traditional trade finance tools because of the many attractive benefits it offers to the exporter.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1b9fb14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1b9fb14\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c680284\" data-id=\"c680284\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5da71d0 elementor-widget elementor-widget-heading\" data-id=\"5da71d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Forfaiting Works<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c786fcb elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c786fcb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5e47fb8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e47fb8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a5d4d67\" data-id=\"a5d4d67\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c4f5047 elementor-widget elementor-widget-text-editor\" data-id=\"c4f5047\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The exporter approaches a forfaiter before finalizing the transaction\u2019s structure. Once the forfaiter commits to the deal and sets the discount rate, the exporter can incorporate the discount into the selling price. The exporter then accepts a commitment issued by the forfaiter, signs the contract with the importer, and obtains, if required, a guarantee from the importer\u2019s bank that provides the documents required to complete the forfaiting. The exporter delivers the goods to the importer and delivers the documents to the forfaiter who verifies them and pays for them as agreed in the commitment. Since this payment is without recourse, the exporter has no further interest in the financial aspects of the transaction and it is the forfaiter who must collect the future payments due from the importer.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c0fa49 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c0fa49\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8f55c94\" data-id=\"8f55c94\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f86e5af elementor-widget elementor-widget-heading\" data-id=\"f86e5af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">History of Forfaiting<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-880109f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"880109f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-75a79a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75a79a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c537007\" data-id=\"c537007\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ebe27eb elementor-widget elementor-widget-text-editor\" data-id=\"ebe27eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Forfaiting was developed in Switzerland in the 1950s to fill the gap between the exporter of capital goods, who would not or could not deal on open account, and the importer, who desired to defer payment until the capital equipment could begin to pay for itself. Although the number of forfaiting transactions is growing worldwide, there are currently no official statistics available on the size of the global forfaiting market. However, industry sources estimate that the total annual volume of new forfaiting transactions is around $30 billion and that forfaiting transactions worth $60 to $75 billion are outstanding at any given time. Industry sources also estimate that only 2 percent of world trade is financed through forfaiting. U.S. forfaiting transactions account for only 3 percent of that volume. Forfaiting firms have opened around the world, but the Europeans maintain a hold on the market, including in North America. Although these firms remain few in number in the United States, the innovative financing they provide should not be overlooked as a viable means of export finance for U.S. exporters.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eba5551 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eba5551\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8b1bc9e\" data-id=\"8b1bc9e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57e31a6 elementor-widget elementor-widget-heading\" data-id=\"57e31a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advisory Support<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7911734 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7911734\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5f6ff8e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f6ff8e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e5b70f8\" data-id=\"e5b70f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bb14960 elementor-widget elementor-widget-text-editor\" data-id=\"bb14960\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Shanghai Capital Group offers financial instrument monetization services for individuals, companies, governments and other organizations for transactions over $100k with no upper limit. Project funding is arranged through our network of individual, corporate, private and institutional lenders which include investment banks, merchant banks, private international banks, and trusts. Our Project Funding services are backed by a wealth of experience and unsurpassed expertise, in addition to the most advanced financing solutions available anywhere in the world. We source unique funding alternatives through capital markets and lenders worldwide for a wide variety of situations. Our team routinely provides project funding services for some of the most challenging and complex projects in the world, each of which expands our experience and capabilities. With access to investment grade and non-investment grade markets, we have developed increasingly innovative project funding solutions in addition to traditional project financing structures. We are also pleased to offer our clients all forms of bank and capital market financing and can combine different project funding methods for particularly complex transaction. Our experience providing financing that involves multiple project funding sources \u2013 including multilateral, developmental and export credit institutions \u2013 is extensive. When specialized expertise is necessary, we draw on relationships with a team of highly experienced advisers. When coupled with our international <span style=\"color: #3366ff;\">capital market<\/span>\u00a0relationships, we are perfectly positioned to advise clients on every aspect of the transaction and financing. Our worldwide network of lenders positions us to execute funding on advantageous terms, and to provide funding solutions for funding requirements outside the conventional market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4dda90f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4dda90f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24d17ac\" data-id=\"24d17ac\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c6e2f55 elementor-widget elementor-widget-text-editor\" data-id=\"c6e2f55\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Copyright \u00a9 2020 Shanghai Capital Group<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FORFAITING Forfaiting Overview With the exception of it being a funny word that everyone thinks is another word you are mispronouncing, forfaiting is an excellent tool for raising trade financing very quickly and with little fuss. a common method of financing international trade that provides cash to exporters in return for selling their medium and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"nf_dc_page":"","footnotes":""},"class_list":["post-976","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=\/wp\/v2\/pages\/976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=976"}],"version-history":[{"count":5,"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=\/wp\/v2\/pages\/976\/revisions"}],"predecessor-version":[{"id":1087,"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=\/wp\/v2\/pages\/976\/revisions\/1087"}],"wp:attachment":[{"href":"https:\/\/shanghaicapitalfund.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}