Trade Finance
Preference Capital’s Trade Finance
Trade finance provides secured loans to importers. Direct payments are made on behalf of clients to local and foreign suppliers.
Trade finance provides an extra layer of funding that is often crucial to a growing business, and is designed to assist with the purchase of inventory / raw materials. This funding product may be used in conjunction with, or as a substitute for, traditional working capital bank finance.
Services include:
Inventory funding
Freight forwarding
Direct payments to foreign and local suppliers, including advance payments and deposits
Letters of Credit
Solutions for foreign currency risk