Definition: Trade Finance - The science that describes the management of money, banking, credit,
investments, and assets for international trade transactions.
Notes: Companies involved with trade finance include importers and exporters, financiers, insurers, and other service providers.
Why do you need trade finance?
There are a number of banks and institutions that offer you trade finance.
Which of these packages is best suited to you?
Which of these institutions or banks can you work with on a long term basis?
Trade finance is not a finance package that you can use today and forget tomorrow. You have to work closely with the provider in order to ensure that your end goals are satisfied to your expectations.
You will be best served by a partner that specialises in the region that you wish to trade. Regional issues and knowledge of the region play a large part in trade finance. The lender should also protect you in some of the pitfalls of international trade.
Whatever trade your business activities encompass, it would be to your advantage to speak with Rent Lease Group and formalise an on going package with a partner that suits your needs.
The requirements for this form of finance are:
- People with experience in their trade
- Non-perishable/non-controversial goods
- Firm orders in hand
- Ability to obtain title to the goods
- End purchasers ability to pay
As we are completely independent, we listen to you and tailor a solution to fit your needs.
If you would like more information please call Rent Lease Group now on 1300 309 806 or CLICK HERE and a representative will call you as soon as possible.
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