Import/Export Trade Finance

Trade Finance, also known as Confirming or Purchase Order Finance, is a form of working capital. The terms commonly refers to the financing of cross-border import/export transactions. Trade Financing is becoming an increasingly important business tool.

For an Importer it means receiving initial funding in order to pay a supplier and allow time for the goods to be received, sold and turned into cash.
For an Exporter it provides working capital until the overseas customer pays for the goods or services that have been delivered.
Exporters typically utilise export factoring as the primary means of financing overseas trade.
 

HOW DOES IMPORT TRADE FINANCE  WORK
Import Trade Finance is flexible and can be tailored to meet the specific needs of a business. An example of the transaction process is as follows.
1. Client receives an order from their customer
2. Client orders goods from their supplier/s
3. Client sends Invoice, Purchase order and Shipping documents to Finport for approval
4. Goods produced and shipped on approval confirmation
5. Finport sends funds directly to the Supplier saving time 
6. Goods landed, cleared and delivered to customer
7. Customer pays to client
8. Client repays Finport (Max 120 day term from funding date on approval)

Benefits of Trade Financing

  • Improve your company's cashflow

  • Loan amounts from $50,000 to $5,000,000

  • No monthly repayments. Full payment at maturity

  • Limited security required - subjest to credit approval

  • 24/7 access to your Finport account manager

  • Max 120 day term per Drawdown

  • Repayments replenish available credit

  • Remove Foreign Currency risk on your Invoice's

  • Simple repeat transaction process within credit limit

  • Pay international or local supplier purchases

Submit your application form to begin your increased growth potential today!

Download and fill out the application form below, and send to info@finport.com. Once submitted one of our account managers will contact you to guide you through the process.

Free Call: 1800 FINPORT (346767)   Email: info@finport.com

Finport Finance Pty Limited ACN 624 778 123.

Finport Trade Finance Pty Limited ACN 606 669 505.

 

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

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