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. It is suitable for businesses who have confirmed purchase orders/supply contracts from reliable sources. You can secure stock but you have limited working capital to fund the purchase.
How does trade finance it work?
Using a Trade Finance facility is straight forward:
Using a Trade Finance facility is straight forward:
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 with one of the following ways:
Within 90 days from the transaction date
Through a linked to invoice finance facility
HELPING FUND BUSINESS, PROPERTY AND VEHICLE FINANCE
