boost cashflow with cheaper short term funding
We know what it's like: you've purchased your goods from overseas and passed them onto your client, who might have a 60 day invoice cycle. In the meantime, you need to pay your supplier – but with what? Short term loans for those involved in the international trade business can be a huge benefit when trading cycles catch you off guard. They can be used to purchase imported goods before the supplier pays for the delivery, to purchase goods for export, or to purchase domestic stock.
Advances can be made in all major currencies, and are usually short term (as the name implies). Terms will depend on the exact nature of our customer's trading cycle, and advances are transaction-specific (the latter means trade advances might be cheaper than a traditional business overdraft).
Want to know more about our Import and Export Finance?