NLBI offers a "without recourse” or
"non-recourse” purchase of receivables from exporters
which arise in the context of a trade related transaction in all
countries appearing in our Country
List.
NLBI offers an exporter immediate access to a lump sum of cash shortly
after delivery of goods or services. Commitments are made on fixed
and floating rate basis.
NLBI, as a forfaiter or a purchaser of an abstract claim assumes
all the risks which are associated with the underlying transaction
from the exporter or the selling party. Such risks include:
| • |
political risk such as extraordinary
state measures, armed conflict or other political incidents; |
| • |
transfer risks, which are associated
with the inability or unwillingness of the importing state or
state bodies to enable or allow execution of payments; e.g.
moratoriums or shortages of currency; |
| • |
commercial risk representing
unwillingness or inability of the importer or the guaranteeing
bank to pay in accordance with contractual obligations |
| • |
currency risk represents risks
associated with the changes in the exchange rates |
| • |
interest rate risk represents
risks associated with the changes in the interest rates |
| |
|
NLBI investment strategy in most cases mirrors the one of a final
investor, which keeps its assets till their maturity.
Pricing and Costs
The pricing quoted by NLBI for a forfaiting transaction applies
for the entire term of transaction. NLBI will provide an exporter
or a seller with a quote, which will include a discount rate, days
of grace and commitment fee, which will be binding for NLBI as soon
as the underlying forfaiting agreement is concluded.
Corporate Profile
