The launch of Factoring International, a product that is focused on providing liquidity (cash) to entrepreneurs who export Ecuadorian products, was held yesterday.
The chairwoman of the CFN, Maria Soledad Barrera, indicated that the new tool estimates to benefit 3 thousand exporters and projected that by the end of this month between $ 40 million and $ 50 million would be placed.
For his part, Roberto Murillo, general manager of the CFN, pointed out that entrepreneurs seeking to benefit from Factoring their payments with the Internal Revenue Service (SRI for its Spanish acronym) and the National Customs Service of Ecuador (SENAE) must be up to date.
On the mechanism to obtain the benefit, Murillo said that exporters must submit the bills generated by the sale of their products to the CFN, which shall have a maximum maturity date of 180 days.
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