Trade finance
How long does it take to get trade finance?
Trade finance timeframes vary widely, from a few days to weeks, depending on the lender and the transactions being financed. We work with 95+ lenders, so we can look for one that fits your trade and timeline.
How much trade finance can my business get?
Trade finance facilities vary widely, but most start from around $50,000, and many are $100,000 or more.
What's the difference between invoice finance and trade finance?
Trade finance helps you purchase goods before they're sold, while invoice finance helps you unlock cash tied up in unpaid customer invoices. They solve different cash flow challenges and can be used together by some businesses.
When is trade finance a better option than a business loan?
Trade finance is generally better suited when you're purchasing stock, inventory or materials from suppliers. If you need funding for broader business expenses such as equipment, renovations or hiring staff, a business term loan may be more appropriate.
What are the requirements for trade finance?
Requirements vary between lenders, but typically include consistent revenue, a trading history and supporting financial information such as BAS and financial statements. Lenders may also consider your supplier relationships and purchasing history.
Can I use trade finance for local purchases?
Yes. Trade finance isn't exclusive to international transactions—you can also use it for local purchases.
Who is trade finance suitable for?
Trade finance loans are primarily designed for businesses that import or export goods and common sectors include manufacturing, wholesale, retail, and construction.
What is trade finance?
Trade financing helps you cover the upfront cost of goods, allowing you to spread your expenses over time while still being able to benefit from discounts and lower shipping per unit.