TRADE FINANCE
Suppliers, especially those overseas, often don’t give credit terms, meaning you have to pay for your finished or unfinished goods when they dispatch to you, leaving you out of pocket while the goods are in transit. Zippy Financial will partner closely with you to help your business purchase finished and unfinished goods, here in Australia as well as abroad.
With our Zippy Financial trade finance facility, we can pay your suppliers direct, on your behalf, in the agreed currency.
WHAT WILL ZIPPY FINANCE ARRANGE?
Finance facility for supplier payments
Payment of up to 100% of the purchase price
Funding is available with or without end customer purchase orders
Payment, on your behalf, of the cost of shipping, GST and import duty, etc, to ensure goods clear customs in good time.
Guaranteeing Payment
We can also provide a Letter of Credit, which guarantees payment and can help you avoid having to pay a deposit when you place an order.
WHAT ARE THE BENEFITS OF TRADE FINANCE
You get the goods when you need them to fulfil new and large orders
Avoid the need to ask for credit terms and negotiate better prices and contract terms with suppliers
Work with suppliers wherever they are in the world
Funding for goods not passing through Australia, transported directly from overseas suppliers to overseas customers
HOW DOES TRADE FINANCE WORK?
1. Order from your supplier, who will invoice you requesting payment at point of shipping.
2. Payment is made to your supplier on receipt of agreed documentation.
3. Goods are shipped to you or your end customer depending on requirements.
INVOICE FINANCE OPTION
In addition, Zippy Financial can add Invoice Finance to your facility, so that cash is released from your invoices within 24 hours. This can all be managed by one team, so you have easier, faster, and better communication between you and your customers.
Contact us now for more information.