Forfaiting · Trade receivables purchase

We buy your buyer’s payment obligation.

You ship. We pay. The payment risk moves to us — and under our standard structure it does not come back to you at maturity. Deferred terms from 90 to 720 days, without collateral and with minimal bureaucracy.

Request indicative terms How forfaiting works

Transaction structure

90–95%

of contract value upfront

90–720

days deferred payment

No collateral

the receivable is the security

1 business day

to first response

USD · AED

settlement currencies

Worldwide

excluding sanctioned jurisdictions

What we do

Trade receivables, purchased outright.

Syntagma Structured Solutions FZCO purchases trade receivables arising under export and import contracts. You deliver goods on deferred payment terms; your buyer owes the money later; we buy that obligation and pay you now.

This is forfaiting — the outright purchase of a payment obligation, as distinct from lending against it. You are not taking on debt. You are selling an asset.

Upfront capital

90 to 95% of the contract value, paid once documents are confirmed. Funds go to your account with no restriction on use.

Risk transfer

Commercial, political and transfer risk move to us. Under our standard structure, non-payment at maturity is our loss, not yours.

A cleaner balance sheet

The receivable comes off your balance sheet. Contingent exposure is removed, working-capital ratios improve, and capital turns over faster.

Process

Four steps. First response in one business day.

1From 1 business day

Application & documents

You send the basic package: contract, invoice, buyer information, bank details.

Limit & terms approval

We analyse the buyer, country risk, the payment instrument and the structure. You receive an indicative discount rate, the advance payout amount and the key legal conditions.

Structuring & signing

We finalise the structure, draft the agreements and coordinate with the banks involved.

Purchase & payout

Once documents are confirmed, we purchase the receivable and pay out the funds.

See the full process, documents and timelines

Risk

What moves to us

Most providers write “we assume the risk” and stop there. Three distinct risks sit inside a cross-border trade receivable. We name them separately, because they are assessed separately and they price separately.

Commercial risk

The buyer becomes unable or unwilling to pay at maturity. Assessed on the buyer’s standing, trading history and the strength of the payment instrument.

Political risk

Government action, conflict, expropriation or regulatory change in the buyer’s country prevents settlement. Assessed as country risk.

Transfer risk

The funds exist but cannot cross the border — currency controls, convertibility restrictions, or correspondent-banking limitations.

What stays with you: performance under your own contract. We take the risk that your buyer does not pay. We do not take the risk that the goods were never shipped, the documents are defective, or the buyer has a legitimate commercial claim against you.

Structure

Two structures. You know which one applies before you sign.

Our standard structure is without recourse. Where the buyer, the country or the payment instrument does not support it, we structure with limited recourse — and we tell you which one applies at the terms stage, not at maturity.

Recourse position by structure. Confirmed in your indicative terms at step 2 of 4.
Aspect	Without recoursestandard	Limited recourse
Non-payment at maturity	Syntagma bears the loss	Defined recourse to the exporter
Commercial risk	Syntagma	Shared, defined in the agreement
Political & transfer risk	Syntagma	Syntagma
Receivable on your balance sheet	Removed	Treatment depends on the structure
When you find out which applies	At the indicative terms stage — step 2 of 4, before any agreement is drafted