Latest Rates
Import / Export Financing
More often than not the ability to obtain working capital is the biggest impediment for growth of an import/export business. Import / export financing works by allowing businesses to obtain the working capital needed to grow beyond their finanical capabilities. The major advantage of this type of financing is that it can be organised to cover 100% of the transaction. This then enables the importer to sell larger orders in which they would not be able to ordinarily fulfill on their own financial strength. Depending on the strength of the buyer, this may be done on open account with the domestic buyer, allowing the buyer to increase their purchasing power. Converserly import/export finaince provides the exporter the ability to accelerate their invoice payments which can then be used to pay suppliers and meet payroll.
The benefits of import/export financing include:
- Commercial trade credit verification services to help you establish credit limits for your national and international customers.
- Predicable cash flow with advance funds against invoices, providing you with working capital to pay employees and suppliers.
- Financing to pay your suppliers - allowing you deliver larger purchase orders.
An extra benefit of these export import financing tools is that they are easier to obtain that conventional bank financing. Most companies with good customers can qualify, even if they have limited financials. Furthermore, they can be set up in a few days.
Many times, getting the right financing can spell the diferrence between a company that will grow and be successful and one that will not. Australian Financial Resources will work with you to find the right finance given your businesses requirements. Call us today or click on the “online enquiry” link below to have one of our finanical consultants call you.