bankers' acceptances for exports
Banker acceptances can deliver the short-term funding you need to reach your global sales objectives.
Gain greater flexibility for financing international sales
If you’re a company involved in exporting, Fifth Third Bank can assist you with low-cost, short-term, fixed-rate financing. Our Bankers’ acceptances are debt instruments that can help you obtain increased flexibility in borrowing for your short-term funding needs.
Bridge the time between shipping goods and receiving payment
A banker’s acceptance is a variation of a certified check, payable at a future maturity date. They have a variety of uses in financing the sale of goods. For example, acceptances can be used to sell receivables to a bank or to obtain financing of goods held in inventory. Bankers' acceptances can be created in conjunction with transactions involving:
- Letters of credit
- Documentary draft collections
- Open account sales
Fund your production and sales with our export financing solutions
Use our export financing solutions to borrow against or sell export receivables. Finance export-related inventory by accessing programs available through a wide variety of providers including the Export-Import Bank of the United States and the Small Business Administration.