Every US business
that discovers it’s products have appeal
beyond our borders must take advantage of that
market opportunity.
When it does so, it will learn quickly that
foreign customers expect to be given open account
credit on terms of up to 90 days.
When this happens, working capital challenges
loom because most lenders refuse to consider
foreign receivables as eligible for funding.
Why is this so? ... Don’t ask
Accord because we don’t know. At Accord,
our philosophy is every foreign receivable should
be analyzed to find a way to make it eligible
for financing.
In today’s highly competitive markets,
expanding sales beyond the United States may
be one of the elements needed to accelerate
growth and profits. Accord is committed to helping
our
clients capitalize on every opportunity to
succeed.
We start by using our own good judgment
of the credit worthiness of the overseas customer.
Sometimes we employ the skilled resources of
our overseas network of affiliates. Operating
in 96 countries, they possess the resources
to understand the credit worthiness of
local importers.
In addition, we employ the resources
of several US Government export programs.
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