Liquid Capital of Arizona is part of an international finance company. President Joel Gottesman explains that Liquid Capital provides alternative finance for small- and mid-sized businesses. One of those financial services is export finance, which can fund a company’s sales to foreign customers.
There are some obvious benefits in selling products to foreign buyers. A business can increase its sales and open up new markets where there may not be so much competition. One drawback is that it is sometimes hard for a company to finance sales to foreign customers. Another is that there is a lot of red tape involved in export finance.
Liquid Capital can solve one of those problems by providing working capital for foreign sales. There are a couple of options available to businesses looking for this kind of help. Liquid Capital can provide an asset-based line of credit for a company’s entire business, covering domestic and foreign sales. The other option is to obtain funding only for foreign sales. Liquid Capital can work alongside a customer’s bank if the customer has an existing line of credit.
Liquid Capital also provides credit insurance for sales to foreign customers. Liquid Capital has its own credit insurance policy, and it is easy for customers to get coverage. The policy pays 90% with no deductible. The premium is handled on a pay-as-you-go basis. The rates are very competitive, with no minimum annual premium.