Trade finance may take many forms. Providers of trade finance might use a letter of credit, cash deposit or immediate cash flow funding. To take advantage of a funding opportunity for your transactions your purchase order, supply agreement or contract is normally used as collateral.
Because of our network of financiers we will usually be able to offer you several choices when it comes to funders, so that you can speak to different funding sources and select the best solution for you.
Regardless of what the best trade financing solution for you may be, we will help you find it and determine your company’s funding capabilities. Our goal is to quickly and easily gain access to the right funding for you.
All funders we work with are very flexible when it comes to trade financing applications, approving loans that major financial institutions might not even look at.
Our clients have found that our funders have in the right circumstances been able to approve and settle loans within 24 hours from applying.
WHO CAN APPLY FOR TRADE FINANCE?
It’s never wise to ignore the possibility of getting funding for your business.
You may be able to find the perfect trade financing solution regardless of the financial state of your business.
Experience has taught us that any client has a chance to obtain trade finance, even when they have:
- a bad history with banks
- a bad credit history
- poor cash flow
- outstanding business related tax
- previous companies liquidated or a company in liquidation
- directors facing bankruptcy
- no real estate to provide as security
- a current winding up application
- a receiver appointed over their business
- a need to enter into Voluntary Administration
There may still funding hope for you and your company