Allows a business to purchase stock and inventory so the goods can be sold to their customers. It can also be used to import equipment to be used in your business. The stock and inventory can be purchased from local or overseas suppliers. Our finance experts will work with you to understand the specifics of your business in order to determine how much finance you need and on what terms.
Benefits to Business
Improve your Cashflow through flexible, affordable trade finance. We buy the goods for you from local or overseas suppliers, letting you pay for them at a future date – without the need for property security. We pay your overseas suppliers in the currency of their invoice.
Line Of Credit - Draw Down
Fund Imported Equipment For Your Business
Trade Financing Solutions
Trade finance is a line of credit for businesses to order stock from overseas or domestic suppliers and sell those goods to Australian customers, particularly if the stock is not likely to be sold immediately and has to be stored.
Increase your purchasing power
When economies of scale are important, trade finance is a great cashflow solution to increase your purchasing power and cashflow, so you never have to miss out on a discount from suppliers. You can a get line-of-credit of up to $2,500,000.
Respond to market opportunities
Trade finance is particularly suited to wholesale, distribution, manufacturing or trade businesses that are required to carry large amounts of stock well before it is sold. It provides a very useful option to smooth out trade volatility, whether its seasonal or some other fluctuation.
Trade finance is a great way to achieve greater sales volumes because it allows your business to purchase and hold larger inventory stocks if you are expecting an increase or peak in sales demand.
As a SME you probably don’t have the resources, financial history and assets to secure the types of inventory and business financing options that larger retailers and wholesalers can, such as capital raising or bank finance. Our Trade finance solutions, specifically developed for the small and medium end of the market, you can quickly and easily secure finance using the stock as collateral, to enable you to stay competitive and maintain cashflow while also meeting your other business obligations.
How does it work?
You have to pay your suppliers for stock that you won’t be selling immediately. Trade finance allows you to purchase that stock and pay for it as you sell it, using the value of your inventory as collateral for the finance. The aim is to allow your business to maintain a steady cashflow while you respond to new growth opportunities, or deal with the normal business cycle fluctuations. It also allows you greater purchasing power which ultimately supports business growth and greater sales volumes.
No two businesses are the same and trade finance needs to be tailored to suit your specific business circumstances. Our finance experts will work with you to understand the specifics of your business in order to determine how much finance you need and on what terms. Whether you’re exporting, importing or purchasing domestically; whether you require a long term or short term solution, Grow Finance will work with you to ensure a quick, hassle-free and appropriate outcome for your business.
Flexible to your payment needs
Trade finance is a cash flow solution for your business, which allows you to repay the credit when you get paid. If you’re having a problem getting stock, trade finance is a solution to fill the gap.
Fast track the solution
Get approval with a direct solution within 24hours. Take just 5 minutes to complete the online application.
Apply for Trade Finance Online
It’s fast and easy to get the finance you need with Grow Finance.
Here’s what you need to get started:
- 12 Months Trading or extensive industry experience if new to business
- Minimum $35,000 in monthly sales
- Repayment cycles of up to 180 days
- No property security required
- Fill in the form or call 1300 001 420 to request a free consultation
What Our Clients Say
Business is hard enough at the best of times, but to come across a business partner that truly understands what you are trying to achieve is a breath of fresh air.
Grow Finance helped me get a used truck for my business when I need it the most. Thank you!!
Purchased my first work vehicle ideal for my business. Great communication and very friendly people to deal with. Highly recommend company!