Leveraging its alliance with HSBC Holdings, Wells Fargo & Co. is expanding its use of a little-known but successful technique to help companies get rid of export-related credit risks.

The technique, known as "forfaiting" or nonrecourse financing, permits an exporter to sell a promissory note or bill of exchange to a bank at a rate calculated at half a percentage point to eight or nine percentage points over the London interbank offered rate.

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