This product is used by a borrower to finance the purchasing of imports with a credit worthy off taker. The terms of the purchase order financing agreement are very specific, requiring the borrower to use loan funds for the purchase of goods and services
Features
- Approved trade finance facility required.
- Flexible cash flow management tool which may assist to match underlying trade transactions with your trading cycle.
- Improves your cash flow and provides funds for the procurement of goods.
- Allows you to make timely payments to your suppliers, enhances your business reputation with the potential to negotiate more favourable payment terms
Benefits
- Improves your cash flow
- Financing in advance to support purchase of varieties of commodities.
For more information on the pricing or benefits of this facility, please contact your Relationship Manager.