Exicon, the leading factor in the Brazilian market, has today announced the commencement of the operation of an import factoring service to factoring companies worldwide.
Effective as of 28 May 2001, this is the first time that such a service has been made available within Brazil and represents a significant step forward in the development of the factoring and credit protection sector within South America.
The facility will be managed and operated in conjunction with CMR Financial Services Ltd and NCM Credit Insurance Ltd.