This is a cash facility to buy goods for resale. It bridges the cashflow gap between paying your suppliers and receiving payment from your customers and can be provided in multiple currencies Giving you up to 90 days credit, Trade Finance allows you to buy, receive and sell goods to your customers before you need to settle with us.
It provides comfort to suppliers at the point you place the order with them and ensures that payment is made when items are shipped. This enables you to develop great relationships your suppliers and gives you the opportunity to negotiate early settlement discounts.
Trade Finance is usually provided alongside an Invoice Finance Facility.