Regardless you’re are the buyer or seller, please contact us to know whether you can be applied by trade (invoice) financing from our company:
Fill in the form:
List of official documents (company documents, KYC related questions) is required to understand the level of invoice coverage and possible commission.
Once the application is approved, buyer and seller should register in the factoring system to proceed payment.
Once 20% of payment from the buyer is received by the system, the invoice pays and the seller ships goods.
Transaction is complete to the seller. The buyers should pay the rest amount to the financial account.
TRUST YOUR PARTNERS. Our service covers the questions with a low level of credibility to your New Clients and arranges problems with Payments (including milestones) and the Quality of delivered commodities.
All sellers and buyers of B2B agri-food trading from all over the world, EXCEPT countries, are not supported by the escrow payment provider:
Afghanistan, Algeria, Angola, Azerbaijan, Belarus, Burundi, Cambodia, Central African Republic, Chad, Congo, Congo, The Democratic Republic of Cuba, Côte d'Ivoire, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Guinea, Guinea-Bissau, Haiti, Honduras, Iran, Islamic Republic of Iraq, Kazakhstan, Korea, Democratic People's Republic of Kyrgyzstan, Lao People's Democratic Republic, Lebanon, Liberia, Libya, Moldova, Myanmar, Nigeria, Pakistan, Panama, Russian Federation, Sierra Leone, Somalia, South Sudan, Sudan, Suriname, Syrian Arab Republic, Tajikistan, Uganda, Ukraine, Uzbekistan, Venezuela, Yemen, Zimbabwe.
Eximcrop can be used by any business: farmers, distributors, importers, exporters, individual traders, and trading companies.
Making a deal on Eximcrop, there should be one registered account only. This person is responsible for the final price decision, fintech account management, and holds the legal papers of the company.
Eximcrop uses the escrow method for deals instead of the letter of credit.
An escrow is a financial and legal agreement designed to protect Buyers and Sellers in a transaction. For a fee, an independent third party holds payment (funds) until everyone fulfills their responsibilities in the transaction.
Our partner, which is an escrow payment and method provider https://www.escrow.com, named Internet Escrow Service, Inc., headquartered in San Francisco, California, licensed as an escrow service and accredited with the Better Business Bureau. Please, refer to details here.
According to the information from the California Department of Finance Protection & Innovations, escrow.com is 1 of 5 licensed companies that provide online escrow services.
FACT: over $5,000,000,000 in transactions secured since 1999.
Escrow.com guarantees the built-In safety: confidence, fraud control, liquidity.
Letter of credit is a bank's CONDITIONAL GUARANTEE to pay some money in a timeframe against the STIPULATED DOCUMENTS (commercial invoice, bills of lading, insurance, (pre-shipment) inspection, transport documents, certificates, etc.) [...other words, it's the deal of papers, not the product. Here is a trust to the bank, not the partner.]
E.G. in some country, 50% of deals are irrevocable, 70% of them the money received are rejected for the first time because of the incorrect stipulated documents.
Making the deal, the fee is calculated automatically in the system. Please, contact us, to know the total fee for your deal in advance:
By default, the seller pays the fee, but it could be set up in different ways: 50%/50% to seller/buyer or 100% to buyer only.
! Be notified, that the BUYER will pay the fee if the transaction is CANCELED or REJECTED.
There is a set of features that help to make the negotiation successful.
If the product doesn't share correctly on IN, insert test the product link on LinkedIn post inspector, then share: https://www.linkedin.com/post-inspector.
If any new message for you on the Eximcrop platform, you'll receive the notification in your email every 4 hours repeatedly. Also, you can see the upcoming messages on the menu bar opening of the site.
To stop receiving the notifications, please follow the button on an email, or just open a new message on the site and read it.
Eximcrop does not send messages, all notifications are from your potential and current clients.