A beautiful product that is hard to obtain. Economies of scale are kings here, the facility is only used to pay suppliers direct, which improves the relationship between buyer and supplier.
Opportunities only arise for cash buyers. The trade finance firm will pay your supplier directly. Be careful not to accept a large spread on the overseas currency interest rate when paying your supplier abroad; this can be a deceptive way of making extra money out of you. Make sure you call us first to discuss your options. Really you need at least £2 million a year turnover and an excellent credit rating to qualify. Interest rates 1 – 2.5% per month.
Not paying your supplier upfront?
Paying your supplier upfront via a trade finance facility can unlock discounts large enough to enable the interest on the facility to pay for itself (and more).
Why not ask your supplier what kind of discount might be available then call us to do the sums.