Trade finance facilitates the commercial activity of both international and domestic trade, enabling you to fulfil your customer orders quickly and manage your cashflow at the start of the sales cycle. As a wholesaler, distributer or importer that has a proof of sale for which you require stock quickly, trade finance will help you pay suppliers without having to wait weeks or even months for customers to settle their accounts.
Exporters tend to require importers to pay for goods before they are shipped, but many buyers are reluctant to release the payment without proof of dispatch or delivery. Paying upfront can be very costly and cause potential cashflow issues and increases the risks for all parties involved. However, with a purchase order from a customer, boutique lending providers can speed up the sale, minimise the risks involved in the transaction and provide an advance on the goods.