HIGHLAND PARK, Ill., Aug. 3, 2017 /PRNewswire/ -- Franklin Capital Network has created a new export funding group to assist US companies in growing internationally. Franklin Export Funding is a member of Factor Chain International, a 400-member consortium of banks and commercial lenders in 90 countries. Through FCI members, Franklin Export Funding is able to provide clients with the credit, accounts receivable management and collection services necessary for sales to foreign customers.
"Often smaller and mid-sized businesses are constrained in financing foreign sales simply because most lenders do not consider foreign accounts receivable to be eligible collateral for financing," said A.J. Krzyzanowski, assistant vice president International Trade Finance for Franklin Export Funding. "This division is specifically focused on helping those companies grow their international business through expansion into new markets."
Franklin Export Funding is a division of Franklin Capital Network, based in Highland Park, Illinois, which has been providing trade finance for decades to both domestic and international clients. The new group is supported by the underwriting, research, finance and administration expertise of Franklin Capital Network, in addition to the resources of Factor Chain International.
"Our objective is to make international sales opportunities as easy to do as domestic sales for these growing US businesses," said Krzyzanowski. "We provide credit qualification, administration and collection of accounts receivable of international customers so our clients can focus on new sales and growth opportunities."
More information is available by contacting Krzyanowski at firstname.lastname@example.org or calling direct at 847-861-1722.
Tom Nicholson, 212-203-2803
SOURCE Franklin Capital Network