Trade Finance TodayTrade finance is the provision of financing for the purchase of inventory and raw materials necessary to operate as working capital for your business. These items can be financed whether they are locally or internationally sourced. In essence Boost Trade Finance will make payments to suppliers on the clients' behalf, hereby giving businesses the additional credit necessary to accommodate their cash flows. Trade Finance gives a business the opportunity to do the following: - Bargaining power with suppliers as the business is able to buy bigger quantities
- Able to settle creditors early
- Greater variety of stock
- Settlement discounts for upfront payments
- Emergency funds that can be used for sudden peaks in buying requirements
- Improve capital and working capital ratios for financial reporting purposes
|