Trade Finance investing explained
April 8, 2021 12:58 pm

Eurivex Trade Finance Limited (ETFL) is an alternative to bank business funding solutions provider, supporting all types of businesses based in Cyprus, and other EU member countries engaged in trade, services, and commerce.

When a business offers credit to its customers for goods and services supplied, instead of waiting for on average 90 days until the trade debtor settles an invoice, it assigs the invoice to ETFL and receives immediate cash, thus solving its liquidity and cash flow problem.

In sharp contrast to banks, ETFL does not require business owners to give personal guarantees or mortgage assets. The assigned invoice is the only collateral.
ETFL’s Credit and Risk Management Committee performs a thorough evaluation of both the suppliers and debtors and assigns specific limits to every supplier and each of its trade debtors.
ETFL obtains specific credit insurance cover on every trade debtor(s) from Euler Hermes, the global AA rated multinational.
This means that in case of debtor default, ETFL submits a claim to Euler Hermes and recoups 90% of the outstanding amount.
Since ETFL’s financing never exceeds 85% of any outstanding invoice, its cover is always more than 100%.
Effectively, the risk of default shifts from a Cyprus based debtor to Euler Hermes, the global credit insurer and there is no risk of non settlement of the claim, since for every debtor a specific limit is requested and secured before ETFL provides funding.

The process is simple. Here is what you need to do:
Open an investment account with Eurivex Ltd, a Cyprus Investment firm, established and operating since 2010, regulated by CySEC, license number 114/10.
The onboarding process is very simple, and you will be required to upload a copy of your identity card/passport as well as a most recent utility bill as part of the basic KYC process.

In case of legal entities, full corporate set will need to be provided with the Directors KYC.
You will receive a welcome email from Eurivex providing you with Eurivex Clients Bank Account details where you may transfer your money, segregated from our money. Eurivex does not accept cash deposits or transfers by card. Only transfers from the bank account of the customer are accepted in line with the EU’s AML rules.

Once the money is cleared and credited to your client account at Eurivex Ltd, you will be able to decide the amount to invest.

If you select “Reinvest”, the proceeds (capital plus return) on maturity after 6 months will be invested in the same Bonds as before.

If you don’t select “Reinvest”, the proceeds will be available in your Eurivex account and you may withdraw the total (capital plus return) to the bank account from where your money originated without any exit or penalty fees.

Company

  • 18 Kyriacou Matsi Ave.

  • Victory Tower, 1 st floor

  • Nicosia 1082, Cyprus

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Disclaimer & Regulatory information
Eurivex Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), License number 114/10.
Company Reg. HE 255430. Headquartered and based in Cyprus, member of EU.

Risk warning: Investing in financial instruments and other derivatives involves a high degree of risk and may not be suitable to all investors. Trading in such financial instruments can result in both an increase and decrease in capital. If you invest through Eurivex Ltd, the value of investments may go down and your capital will be at risk. Eurivex Ltd operates a secondary market but there is no guarantee that all buy/sell orders will be completed at the desired prices and there is a risk that an order may not be completed in the Eurivex secondary market if there is no matching order. There is no guarantee that you will be able to exit early by selling your investment. Eurivex Ltd does not provide investment, tax or legal advice. If you are unsure about the suitability of an investment, you should speak to a financial adviser. Please refer to our Risk Warning available on our web site for further information.