TRADE & DEBTOR FINANCE
TRADE & DEBTOR FINANCE
TRADE & DEBTOR FINANCE
A flexible revolving line of credit that can be used to pay overseas suppliers and provide importers with up to 90 days to repay.
KEY FEATURES
- Flexibility regarding type of goods
- Customer purchase orders not required
- Inspections not essential
- Fund up to 90% of the cost of goods
- Lower credit hurdles
- Up to 90 day terms
- Unsecured (directors guarantees required)
- No interruption to bank facilities
- Quick approvals (5 business days)
- Simplified documentation
- No impact on supplier - no need to "join up"