Working Capital to Pay Domestic or Overseas Suppliers
Trade Finance will keep your orders moving, pay deposit and pre-shipment payments, up to 150 day terms
Looking For Reliable Trade Finance Companies?
Companies that rely on domestic or international trade to keep their business afloat will often need to act strategically when it comes to their finances and cash flow. Both across and within national borders, there can be challenges thrown up without much notice and as such, issues develop, which might mean a company will need a buffer to keep the cash flowing. But even for the largest of businesses that deal with trade, this buffer is not always in ready supply.
This can be where trade finance companies step up and help. They will offer short-term ‘loans’ to help with the payment of invoices of goods and the recovery costs imposed by transport or import/export fees. Companies can use them to remain liquid as they wait for sales or service income and build momentum with an efficient, streamlined accounts process. Those who use the services must, therefore, only make use of providers they know they can trust.
Trade Finance Solutions With Fifo Capital
As an innovative financial product company with more than 15 years of experience, we’ve built up a reputation for quick, clever, and reliable trade finance solutions for companies all across the country. We’ve worked with many industries that rely on both domestic and international trade and export, so when it comes to offering the right trade finance loan, we know what we’re talking about. With our help, you will get the supplies and goods you need, when you need them, without the annoyance of time-consuming bureaucracy.
Our trade finance experts worked hard to build a trade finance solution that will keep your business moving and avoid the delays that come with irregular cash flow. With it, you will be able to pay your suppliers and receive your goods sooner and pay for them via our platform on a schedule that works better for you. It will mean you can extend the terms of your trade finance and give your company the breathing space it needs to build momentum. Features we offer as a trade finance loan company include:
- Pay before your goods are shipped
- An extension of your credit terms up to 150 days
- Online platform which lets you choose a repayment term that works for you
- Deposit payments.
Setting these up is very easy – once you’ve applied, leave everything to us! We’ll discuss with you and your supplier your requirements.. In both national and international trade, finance solutions will pay when the goods are ready, and you’ll pay us according to your payment plan of up to 150 days from the invoice date.
Grow Your Business with Our Trade Credit Facility
Whether you have been working in the trade industry for many years or have only just started out, it will not have escaped your notice that cash flow is the thing that can determine your success or failure. Suppliers, wherever they are, always prefer prompt payment, often rewarding their clients with discounts and other loyalty rewards. Conversely, those traders who make a habit of paying late can often find themselves losing out on potentially lucrative deals and slowing up their business in the long run.
With our trade credit facility, our customers have been able, sometimes for the first time, to pay their invoices before their goods are even shipped. For them, this has meant a considerable amount of time has been saved, in which they can make new sales and speed up their trade process instead of waiting around to pay invoices and await income. Furthermore, that suppliers themselves have proven to be more willing to offer discounts and rewards.
Flexibility to Help Your Business Thrive
Trade businesses have an understandable nervousness about credit terms. With traditional business loans, credit terms can be incredibly restrictive, and the timeframes in which payment is expected before penalties are applied are sometimes unmanageable. For many traders, this can put them off taking out import finance in Australia or any kind of trade finance facility.
However, we have taken a more flexible approach when it comes to import export trade finance. Our process always begins with a frank and open conversation with our clients so that we have a complete understanding of what the business model is and expected timeframes. As a result, we have been able to offer finance solutions that have up to 150 days, in some cases, for an extension of your credit terms. This can take some of the pain out of managing your trade finances and give you the room you need to negotiate competitive rates with your suppliers.
There persists an out-of-date view when it comes to trade credit, in that it is seen as something of a gamble. Those traders who have not yet understood the part that it can play often find themselves working harder to get the trades that they need, with very little payoff in the end. For some, the perceived risk of taking out international trade credit seems to outweigh any potential growth they might experience.
In fact, successful traders see trade finance as a form of risk mitigation. Used correctly and responsibly, trade credit can be used as a buffer against potential risks that are sometimes involved in international trade. With extensive credit terms from us, great transparency and responsible business practice from our clients, and careful monitoring on both sides, trade finance issues can be resolved smoothly and easily. We act as a third party and remove some of the payment/supply risks whilst creating the conditions in which our clients can accelerate their business.
Most importantly, using our trade finance facility redirects your focus on future sales rather than the ones that you are in the process of completing. When you enlist our services, we will make sure that you already know the income you can expect and get to work on ensuring you have the time to pay your outgoings. Instead of worrying about how long it is going to take to pay your suppliers, we pay them on or before the due date, so you can look for opportunities to grow your business in other areas.
Contact Fifo Capital Today and Receive Trade Finance In As Little As 4 Hours
You’re only a few clicks away from getting your trade loan setup now. All we ask is a few simple questions about your business needs and a way of contacting you so we can discuss setting up rates and payment term. From then on, we’ll give you access to your own personal account, and you can start adding your suppliers. Fifo Capital Finance also offers the following financial products:
- Commercial Financing Loans
- Working Capital Loans
- Commercial Construction Loans
- Supply Chain Financing
- Financier Loans
- Invoice Discounting
- Commercial Bridging Loans
Just click ‘apply now’ to get started! Read Less
How it works
Upload your approved invoice online.
Fifo Capital pays your supplier/s on agreed terms.
You select how long to extend your terms by.
Pay your supplier deposits or pre-shipment
Whether you're buying locally or overseas, our unique trade finance facility gives you the option of paying your suppliers before you've taken possession of the goods whilst allowing you to extend your terms.
- Pay before goods are shipped
- Extend your credit terms up to 150 days
- Fast approvals via our online platform
- Optional supplier platform requirement
- Unsecured import finance option available for imports
- Deposit payments
- No need for letters of credit
Why Fifo Capital for Business Success?
Innovative facilities and fast turnaround is only half the picture. To get the best outcome, work with the experts who specialise in solutions-based thinking for all types of business finance needs.
Fifo Capital facilities can be non-recourse product and typically we require little or no security from you or your business*.
For the best results, relationships count. We’ll support your business with a designated support person who understands your business.
Immediate Supplier Payments
As soon as your facility is up and running you can commence paying your suppliers. For new clients we’ll have you set up in 5-7 working days.
Complementing Bank Finance
Our working capital and cash flow options are designed to work alongside other forms of finance you may have in place – for those times when traditional finance isn’t geared to meet your needs.