We take a transactional based approach to funding your business – take on larger orders today
You don’t need assets or security to grow your business. If you have firm orders, a solid customer, new contracts or reliable suppliers we can provide funding based purely on your opportunities.
Trade finance for imports and exports, supply chain funding, production finance for work in process, Government contract finance and letters of credit to bridge both international and domestic sales.
How it works
By considering your purchase order/supply agreement /contract to be collateral, and providing a letter of credit straight to your supplier (cash deposits are considered in some circumstances). Your supplier will usually ship directly to your end customer (who must be a trustworthy, established business or government entity). When your customer makes payment, the transaction is settled.
General guideline for funding
Credit lines are available from AUD25,000-1,000,000 up to 180 day facilities.
- You receive a purchase order from your customer or supply agreement/contract
- We then verify with your customer the validity of the order/s
- We open a letter of credit/telegraphic transfer to your supplier
- Your supplier then ships the completed goods to your customer
- Your customer is then directed to pay for the goods
- We collect payment and remit the balance to you
Client profile
- Australian based companies
- Distributors, manufactures, wholesalers, import and exporters
- Need funding to assist with growth by completing orders and contracts locally or internationally
- Grow without increased bank debt or selling equity
- Need help with seasonal sales spikes that strain cash flow
Complimentary products
As well as providing purchase order finance, we offer a suite of supply chain finance products to compliment your funding needs. Inventory Finance and Debtor Finance can assist with additional cash flow to help maintain growth sustainability. Learn more .
Related video:
Interview the Product Specialist: What is Purchase Order Finance & Debtor Finance? (video)
Downloads:
Case study brochure: Electrical Wholesaler
White Paper: Purchase Order Finance (Trade Finance)
