Australian Importer seeking financing for a specialised bottling machine

Finport was approached by an Australian SME, looking for a trade finance solution in order to import a specialised machine for glass bottling. Note the supplier was based in Europe and required a deposit, then a final payment in order for the machine to be shipped over to Australia. Amount drawn down Euro $200,000.


Finport requested from the SME the necessary information, in order to determine the credit quality of the Company. Please refer to , section “download

application” for the information we require for our credit committee.

Within 5 business days, from the request for financing, Finport was able to confirm in

writing, the terms and conditions of the facility. IE

 EURO $200,000 facility

 Two drawdowns over a 4-week period.

 Provide the supplier confirmation that the financing was available

 We confirmed their bank details and authenticity of the transaction

 Provided the EURO’s to the supplier and hedge the transaction for the buyer

 Provided a low-cost freight alternative to ship the machine from Europe


The trade finance solution provided the client, with a cost effective, facility.

NB Given the known dates of the draw down, we waived all non-utilisation fees and

provided an overall cost benefit by utilising our freight division and upfront financing.

Our client was able to

1. successfully negotiate a better price for the bottling equipment, as it was cash

settled with the supplier and in EURO’s (no lengthy LC "Letter of Credit")

2. The speed of accessing the credit and providing the necessary capital to purchase

the goods and

3. Cost efficient transportation costs

Contact you Finport specialist today on 1800 346767

9 views0 comments

Recent Posts

See All
Get in touch


(1800 346 767)


Business address

Suite 105

20A Danks Street

Waterloo NSW 2017


Registered office

Level 11

1 York Street

Sydney NSW 2000


Mailing address

PO Box 2289

Taren Point NSW 2229

Finport Finance Pty Limited ACN 624 778 123.

Finport Trade Finance Pty Limited ACN 606 669 505.

Disclaimer: Finport makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this website.

  • Facebook
  • LinkedIn