Addition trading line of funding for import, export, local purchases, facilities for inventory/stock and machinery buying.
Are you experiencing growth or simply require to hold more stock or perhaps you wish to free up your own capital for business or other purposes?
A line of credit gives you:
1. The ability to purchase a complete line of stock
2. Facility to buy in bulk for increased margin
3. A flexible credit line that can adapt to meet sales growth
4. An independent line of credit in addition to your existing sources of funding
Get Started Right Now, Contact Us Today!
Opportunities
Interest free period – if LC used, normal Bank/OD facility would reduce for LC period.
Match inventory payment to the month cashflow from customers arrives
Bank wont increase overdraft, and need to pay for stock
Change in business ownership, no house to use for security for bank facilities, need working capital
Management buyout, need extra funding for inventory.
Buy goods from Local suppliers
The line of Credit is an ADDITIONAL line of credit for your business.
With a LC you pay your local supplier promptly so you can get paid by your customer around the same time as you pay back the LC. This frees up your capital for your next order or for any project needing funding.
Using the Line of Credit for prompt payments will improve your credit reputation with local suppliers.
Importing equipment from anywhere in the world
Importing equipment can have problems as overseas manufacturers/exporters often require deposits and payment of the items prior to shipping. But local equipment financiers will only fund the equipment after it has arrived and is delivered locally.
Using your line of credit resolves these problems, paying your supplier directly. Your machinery is shipped and arrives in the country. The equipment can now be financed by a local equipment financier. The line of credit is repaid by the equipment finance company.
The trade finance can assist when exporting goods overseas.
Use the trade finance to fund your exports prior to being paid by your overseas customer.
The credit is an additional line of credit for exporting