Trade Finance is a product which has been designed to allow
businesses to fulfil orders which would otherwise be beyond their reach.
This may be down to the size of the order, or due to other
cash flow requirements in a business. Our clients are able to identify and win
good quality contracts, but simply cannot afford the upfront costs associated
with these deals. Our Trade Finance product helps companies that have a
confirmed order, from a reliable customer, by giving them access to the funds
they need to complete the order.
The basic process is that our client agrees the order with
their customer as per normal. This customer must be well rated, and ideally
there is some trading history between our client and their customer. Our client
then liaises with their supplier/manufacturer as normal.
This is where Creative Trade Finance comes in. We will
examine the deal (what the goods are, profit margins, paperwork etc.) to ensure
everything is workable. We will then work with our client to enable a payment
for goods to be made to their supplier to allow manufacturing and delivery to
be completed. We can even help with making payments for VAT, duty and freight
to help with as much of the process as possible.
Once the goods have been delivered, we will then typically
take payment either via our own Selective Invoice Finance {insert link} or via a
third-party invoice discounter. By working in this way, it means our clients
trade finance facility is free to be used again to bring in the next order. No more taking out expensive
loans to fulfil orders. Trade Finance
effectively pays for itself by enabling a client to generate profits that would
simply not otherwise be available.
Our fee is calculated from the day cash is advanced, to the
day it is repaid.
Trade finance can be used to help small businesses in most
sectors. As long as you are importing finished goods, we can talk. Goods we
have helped to import in the past include children’s toys and prams, cosmetics,
textiles, clothing and electrical goods.
Creative Trade Finance allows our clients to grow their
businesses with confidence and the knowledge that cash flow will not be a
problem.
TO DISCUSS HOW CREATIVE TRADE FINANCE CAN HELP YOU TO GROW YOUR BUSINESS AND FULFIL YOUR ORDERS,
