International business made simple!
We cooperate with our foreign partners resulting in an opportunity to provide pre-finance invoices for export to other parts of the world.
After shipment you invoice your client abroad. You upload the copy invoice to Ubunteq who will advance according to the normal procedure.
Your invoice will be transferred and uploaded to a factoring company in your client`s country. This factoring company will on both your and our behalf contact the debtor to arrange payment of your invoice. This will be a lot smoother since our correspondents speak the language of the country involved and know local customs. After settlement of the invoice the payment amount is deducted from the advanced pr-payment.The balance will be in your credit availability account.
Ubunteq is one of the few factoring companies in Africa to offer this service to SME companies.