Trade finance is effectively a line of credit that can be used to pay both overseas and domestic suppliers. Terms can vary up to a maximum of 90 days from shipment for overseas and 90 days from delivery for domestic suppliers. We have access to a variety of lenders which grant us the ability to tailor the terms, limits, borrowing leverage and other solutions that is most beneficial to your business.
Good Choice Finance can assist with the following:-
Buyer limits approved within a short timeframe
No requirement for a mortgage or charge over the company
Does not affect existing banking arrangements
Maximise sales opportunities by increasing your buying power
Goods do not have to be pre-sold
Flexibility in relation to the nature of the goods (e.g. does not have to be finished goods)