Businesses in the import/export space have an exceptionally challenging working capital cycle. Without the upfront capital you may find yourself turning away potential orders as you do not have the cashflow available to finance these projects.
By releasing up to 90% of your outstanding invoices you will receive an immediate cash boost to pay suppliers to fulfil these orders! Invoice Finance can be both a disclosed or confidential and you can receive assistance in chasing your invoices if you wish. As some of your customers may be overseas having a specialist credit controller could improve your average debtor days, further improving cashflow. There are many products out there that fall under the invoice finance title so speak to us to help you choose which product is right for your business! This is how it works:
In some circumstances invoice finance alone will not generate enough cash to support your businesses working capital cycle. A specialist funder can provide payment to your supplier if you have a confirmed purchase order, this is called trade finance. By paying your supplier, they will release the goods and your customer will simply pay the trade financier back directly. Trade Finance typically works alongside an Invoice Finance providing a seamless cashflow solution.
