For a growing number of businesses, staying competitive requires overseas sourcing. Many of the Company's factored and financed clients are involved in the importing of goods. At times, overseas vendors of the Company's clients require that the clients provide them with trade letters of credit to support the importing of goods. As an additional service to its clients, Milberg will establish dedicated letter of credit lines for its clients and have trade letters of credit issued to foreign suppliers on a client's behalf. Milberg uses a number of its line banks for the issuance of letters of credit.

As the Company's clients have moved more and more of their manufacturing overseas, Milberg has developed a significant expertise in import financing. Milberg trade specialists can often assist clients by providing country-by-country guidance for appropriate documentation and terms.