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Multi-local

The Multi-Local solution is dedicated to international corporates looking for a streamlined Cross-Border-Factoring programme that is coordinated centrally and implemented locally.

BENEFITS FOR YOU
  • Centralized management: a global relationship manager is appointed to coordinate the overall relationship and streamline communications.
  • Dedicated contact for each country: a local Relationship Manager is appointed to provide his expertise on local commercial, legal and cultural matters.
  • Customized offer: local amendments for different subsidiaries can be provided as needs may vary.
  • Standardized receivables management: a common reporting and an online tool facilitate management of your different local accounts.
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You negotiate centrally, we deliver locally

We are your financial partner providing the support needed to operate your international business both at headquarters’ and local level. Our specialized Multi-Local service does that with one streamlined approach.

Any international operating business with subsidiaries in the countries covered by our network can use our Multi-Local solution if they want to:

  • maximize working capital for the entire group;
  • keep international trade risks to a minimum;
  • minimize the effects of different payment terms in international sales;
  • outsource their international credit management process.

BNP Paribas Factoring has a dedicated organisation for sales and client management for Multi-Local business.

Our entity in the country where your company is headquartered takes on the role of sponsor of the programme. As a global relationship manager, he is your dedicated point of contact and coordinates the entire Multi-Local service between all participating subsidiaries. The sponsor has a global view, both during the set-up of the different contracts and during the lifecycle of the service itself.

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