Wednesday, 14 September 2016

Trade Finance is a way to ship more inventory more often

I have been pleased to be able to help many of Depth Logistics' clients with Trade Finance to fund their import and export activity. As I have spoken to many of them I have been surprised that most haven't even heard of this type of financing but when they do the majority have embraced it even if to reduce their reliance on financing from their bank.

It can give you greater and more transparent buying and selling power and the ability to ship more inventory, more often without tying up working capital.

For the uninitiated here are more of the key benefits of Trade Finance.
  • Available for imports and exports
  • Increase your negotiating buying power by being able to pay your supplier faster
  • Export more by being able to offer your buyer credit terms
  • Approvals within 5 days with a single establishment fee
  • Competitive interest rates available with up to 90 day terms
  • Does not interfere with existing bank security arrangements or letters of credit
  • Security is taken over the goods and a director’s guarantee only
  • Easy shipping and marine insurance arrangements via Depth Logistics
  • Credit facility is available in multiple foreign currencies
  • Bridge the gap between your shipping and other finance facilities such as Debtor Finance
Depth Logistics works in tandem with Depth Capital to provide this service so please contact me if you'd like to learn more about it.

All for now,

+Brad Skelton