Which Funders do invoice financing
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  1. #1
    Senior Member Reputation points: 16709
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  2. #2
    Quote Originally Posted by omegafund View Post
    Are you a broker or direct lender?

  3. #3
    Senior Member Reputation points: 1755
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    Seeking an international factoring lender that is legitimate. I have a file that does business internationally and my question is how do you mitigate forex volatility or do you calculate that into your costs/fees?

  4. #4
    Senior Member Reputation points: 35
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    Quote Originally Posted by Ehenek View Post
    Seeking an international factoring lender that is legitimate. I have a file that does business internationally and my question is how do you mitigate forex volatility or do you calculate that into your costs/fees?
    The merchant should be charging a “spot rate”, this will remove concern of volatility in the accrual report. It’s either that or you code the spreadsheet used to create the aging report. You’ll code the amount paid box with an exchange rate formula, that way the report will hedge on its own
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