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Factoring provides accounts receivable management solutions to replace most credit and collection functions within an organization. It also provides working capital secured by foreign or domestic accounts receivable and inventory. BB&T Commercial Finance lending specialists will analyze your situation and structure the most effective solution for your company.
| Domestic Factoring |
Credit and Collection
Solutions |
For companies with an annual sales volume greater than $1 million:
- Improves cash flow
- Reduces in-house costs of credit collection and bad debt losses
- Gives access to working capital
- Provides credit protection covering sales to foreign and domestic customers
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| International Factoring |
| Credit Protection |
Import factoring:
- Provides credit protection for foreign companies selling to buyers in the U.S. on open account
Export factoring:
- Provides credit protection and potential sales financing to customers outside the U.S. buying on open account
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| Risk Management |
- Transactions processed through a global network of leading factoring companies or covered by credit insurance
- Invoices purchased and ledgered by BB&T
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| Factoring Expertise |
- Factors Chain International (FCI), our network of factoring companies, consists of 212 organizations in 61 countries
- FCI is engaged in nearly two-thirds of the world’s factoring volume
- BB&T Commercial Finance is a consistent winner of the FCI Import Factor of the Year award
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Copyright © 2010, Branch Banking and Trust Company. All Rights Reserved.
BB&T Complete Client Protection
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Branch Banking and Trust Company is a Member FDIC.
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Only deposit products are FDIC insured.
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