Trade Finance

 

This can provide upfront funding against confirmed orders, open up letters of credit facilities on your behalf, and provide direct supplier payments or even a cash advance.

Suitable for businesses who have confirmed purchase orders/supply contracts from reliable sources. You can secure stocks but you have limited working capital to fund the purchase.

How does it work?

Using a Trade Finance facility is straightforward:

  • Place your order with your supplier
  • The Trade Financier will pay your supplier against shipping documentation or open a letter of credit for up to 100% of the purchase price of the goods
  • The goods are shipped and ultimately delivered to the client's customers
  • The client will repay the transaction either by way of:
  • Within 90 days from the transaction date
  • Through a linked to invoice finance facility