Import finance or trade finance gives you the confidence to trade and take advantage of any market opportunities that arise.
Some of the benefits of import or trade finance include the following:
- Import finance provides for all aspects of manufacture, import, commissioning, payment and long term asset finance
- Pay overseas and local suppliers for goods with trade finance
- Trade finance gives your business greater flexibility and liquidity
- You don't miss out on business opportunities due to inadequate cash flow
- Trade finance can help you to improve your negotiating position with suppliers as you are now able to accept quick payment terms and import greater quantities and obtain bulk discounts
- Allows for timely payments to your suppliers
- Import finance does not require property security
- No deposits required
- Get up to 100% finance of purchase cost with import finance
Our Brisbane mortgage broker recently helped a client who had new business opportunities for growth. His turnover would increase from $1 million to $4 million a month.
The bank had taken 2.5 months to get approval. It was costing our client's company a lot of money in lost business opportunities, but also to get the facility set up.
Our mortgage brokers in Australia introduced him to a new funder and he got approval within 1 day and the business finance facility was set up within 2 weeks at the same rate that the bank was going to charge him.
Our dedicated trade finance team will help you through the whole process and provide you with more information on how import finance can help grow your business. Contact one of our mortgage brokers today on +61 7 3624 1900 to find out more about import finance and whether this is suitable for your business.
