Currently, there are four business units make up FACTOR GROUP CORP which deliver to their clients an interesting financial package that combines working capital financing, credit risk protection, accounting for accounts receivables, and accounts receivable collection and follow-up services.

U.S. operations are carried out through its Florida office, and Latin American operations are conducted through its offices in Medellín and Bogotá. The company has a team or 38 people who provide customers with support and effective solutions for their needs.

Factor Group Corporation is made up of 4 business units that specialize in serving the market with an extensive product portfolio

Factor Group Colombia

Factoring with operations in Colombian pesos in the Colombian market. Factoring operations done through Factor Group are different from all others in that: they advance between 70% and 90% of the ne invoice amount; disbursment is made 24 hours after invoice confirmation (once certain requirements are met); services tailored the the needs of varous companies.

Web site: www.factorgroup.com

Alliances

This insurance company was established in 1999 as the result of a strategic alliance between the Mapfre Insurance Group from Spain and Grupo Empresarial Antioqueño de Colombia, which specializes in credit insurance. FACTOR GROUP CORP has created an alliance with Crediseguro to insure the invoices derived from the factoring operation

Factoring Market

Creators of an electronic market for invoices on the Internet offering significant operating efficiencies and new and improved funding and investment alternatives trading in receivables.

Business unit with operations limited to the Colombian market. All operations carried out by this unit are electronic and are defined in Colombian pesos.

• First open market for buying and selling invoices in Colombia.
• Factoring Market is the creator of a Web-based electronic market that offers new and improved funding and investment alternatives for trading in receivables.
• Its operations are focused on discounting and purchasing invoices.
• 80% of the investors who trade on this platform are major treasuries of the real and institutional sectors, including the financial sector.
• To date, there have been no defaults. This indicates the robustness of the transactional structure and the trading rules.
• Opens every day and without interruption for trading the in the market, thus offering its participants availability and liquidity.

Web site: www.factoringmarket.com

Factor Group International

Factoring of exports for Colombian businesses who serve the U.S. market. Marketing that specializes on export companies offers discounting of Colombian exporter’s receivables so they can use them for leverage to penetrate their target markets, initially the U.S. and Puerto Rico.

• The role of FACTOR GROUP INTERNATIONAL is to collect receivables in the countries where it operates as a local entity, in their own language and in a locally accepted manner.
• The resources provided by FACTOR GROUP INTERNATIONAL are reflected as lower income from sales (receivables discounting) and translate into a lower value of their accounts receivable in the asset side, without generating any liabilities.
• FACTOR GROUP INTERNATIONAL makes use of its infrastructure in the U.S. to ensure collection of the invoices, and uses its presence in Colombia to get to know the clients and their needs. This results in a natural market which benefits industry as a whole. Our efficiency makes us the alternative that best fits our client’s capital requirements.

Our ally in this operation is:

Atradius is a credit insurance company with total revenue of approximately 1.3 billion Euros and 24%o of the world’s market. It provides insurance against non payment for 300 billion Euros in commercial transactions per year, and offers a full range of risk transfer, funding and consulting services on credit management.

With close to 3400 employees in over 90 offices and 40 countries, Atradius has access to business information on over 45 million companies all over the world and makes 10.000 credit decisions every day.

Atradius is rated "A" from Standard & Poor’s (outlook stable), and "A2" by Moody’s (outlook stable).
Atradius is the company through which we insure the invoices used in the HiYP operation, thus allowing integrated and customized service in:

• Risk prevention and selection.
• Recovery management.
• Compensation for losses.

http://www.atradius.com

Factor Group USA

Factoring with operations in US Dollars in the United States Market.

• Business unit with operations limited to the United States.
• Its business portfolio consists of advances on invoices in that market.
• All operations performed by this unit are defined in Dollars and are of a physical nature.
• Prefers the Hispanic market, small companies, and new entrepreneurs in the U.S.