Trade Receivable and Accounts Receivable Financing

A wide variety of structures can be provided for financing trade receivables that can be tailored to fit our customer’s individual needs. The professional loan officers at MFG are trained to understand credit quality and provide solutions for concentration risk, foreign accounts receivables and large single orders. We also can help with business that other lenders have deemed “unbankable” due to a limited time in business (new businesses with less than three years in business is no problem) or recent repayment or credit problems. We have a number of solutions and structures that allow for companies to increase their financing potential and reduce the risk associated with typical industry problems.

MFG has structured loans for clients that far exceed the abilities of most financial institutions. The creative structures that are provided by MFG allow for our clients to grow their business and increase sales.

We want to be your partner in success. Please call us to discuss how we can help you grow your sales and increase your liquidity.

Purchase Order (PO) Financing

Banks and lenders will often say that Purchase Order Financing does not exist. Well, at Mutual Finance Group it is offered as a solution to our clients. Actually, most businesses need capital before they ship product. The thought of financing only after products are completed is not very logical and we prefer to help our clients when they require support to meet the demand of increased orders and business. This means being more flexible to fund against foreign and domestic Purchase Orders (PO’s). The Purchase Order is often insured or guaranteed through one of our structured partners. This can be done easily, quickly and affordably. This allows for an increased repayment protection on the receivable and then payment is made against the Purchase Order at an advancement rate of up to 75%.

Letter of Credit Discounting/Financing

Mutual Finance Group can provide financing against negotiable Letter of Credit instruments. This includes Stand-By L/C’s, Sight or Usance (time) Letters of Credit (L/C’s). Discounting of L/C’s can be structured to offer funding in advance of shipment or post shipment.

Forfaiting Solutions

Forfaiting is a solution for long-term obligations. We can offer solutions for funding against Bank Guarantees and some corporate guarantees. These structures can be tailored to fit the need of the client and will involve an analysis of the instrument and the obligation. Often, typical financing entities are not willing to take any risk with respect to pre-shipment or performance risk. MFG understands these risks and can help clients structure these risks with unique tools and risk hedging products.