Payables Financing

Payables Financing

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What It covers
  1. Non-cancelable limits
  2. Cover default, protracted default, insolvency and bankruptcy risks of an obligor
  3. Cover political risks including government default as an obligor or as a guarantor, currency conversion and/or currency transfer risks
  4. Can cover payables under one or multiple suppliers.
  5. Cover revolving lines up to 365-days credit terms
  6. Typically, up to 90% indemnity but 95% is considered