Trade Finance
Trade finance is a valuable source of finance for importers of goods. Trade finance allows you to pay suppliers directly or by way of a Letter of Credit.
This can be done by way of a stand alone trade cycle facility or you can combine it with an invoice finance facility. By combining it with a trade finance facility you can finance your full trade cycle from ordering your goods right through to your customer making payment to you.
Trade finance can allow you to take advantage of large orders which need paying for upfront.
The criteria for trade finance or full trade cycle finance will depend on who your suppliers is, how your supplier wants paying, the audit trail, who your customer is, the length of your trade cycle and the margins you make on sale of your goods.
If you are looking for trade finance or trade cycle finance contact Smart Factoring Quotes on 0845 863 0738
