Trade Finance is a term for the provision of finance in order to enable goods to be purchased in order to satisfy an order.
Trade finance is provided by the financier to bridge the funding gap between purchase and sale. Trade finance specialists help companies achieve the growth that is so often in their potential but beyond the scope of traditional financiers i.e. banks.
By paying your supplier direct or opening a letter of credit the trade finance specialists can fund 80% to 100% of the cost of goods plus duty and VAT.
Trade finance facilities are complementary to your existing funding arrangements and enable you to take on additional business, which would otherwise be lost.
At Plutus, we have a wide knowledge of the players in the trade finance market, and know who is hungry for business and who are specialists in certain industries.
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