VoIP Finance (SIC 61200)

Trade Finance Global

Trade Finance Global / Finance Products / VoIP Finance (SIC 61200)

What is VoIP Finance?

We work with VoIP trading companies who buy and sell VoIP data cross border. We assist with the financing of their transactions. Many VoIP companies trade on their own balance sheet – this means that growth is slower and more difficult. We work with traders in order to structure a financing package that suit their needs.

VoIP Finance

Trade Finance Global has extensive expertise in VoIP and our customers can be confident that we are well positioned at the heart of the industry; working with a number of the best funders in the market. VoIP is seen by many as ‘tricky debt’ and not straightforward like other asset classes.

Those that we work with have an in-depth knowledge of the VoIP market and we have the ability to offer flexible finance arrangements that work with many different types of companies. We have worked with one-man companies to larger and more established VoIP traders. We see every client as unique, and try to identify what the needs of the client are; structuring a suitable financing package in order to work with them.

VoIP Finance Requirements
  • You are looking for a finance facility
  • You have an established VoIP trading company
  • The business is creditworthy
How the transaction works

When a company trades VoIP in international jurisdictions, the supplier usually wants to be paid within one day (one day post-payment) by the trader and depending on the end buyer terms (e.g. 7 net 7 or 14 net 14), the trader may be waiting a month or two for payment. When cash is used, there are gaps between receipt of payment and paying the supplier of data. In order to reduce the payment gaps, allow smooth trading and growth; a trade finance facility and/or invoice finance or factoring facility may be used.

What is the SIC Code for VoIP Finance ?

The SIC Code is 61200(Wireless telecommunications activities)

Other SIC Codes that could also be used are:

  • 61100 Wired telecommunications activities

Testimonials

Trade Finance Global had a fresh and interesting take on the structuring of finance for the business. We used to trade just on a high interest leasing type facility and had previously been restricted to working with a few carriers and end buyers. A new facility allows growth due to having readily available funds. This is needed in order to protect and grow our routes. We want to keep our suppliers happy and so quick payment is needed; also allowing end buyers to have extended payment terms if desired. It was nice to finally speak to people who had an understanding of the industry!
Colin D, VoIP Trader.

InternetWUK.com

Case Study

VoIP Trader, London

The company was a growing VOIP trader but were only dealing with one end customer. The problem that the company had was their desire for diversification of risk and dealing with more end buyers. It was decided that bringing in a facility on the trade side to start, would allow fast advances in the business. VOIP finance allows the company to have confidence when dealing with suppliers and end buyers. This allows the winning and delivery of large contracts and ensuring a more solid expansion of the business.

Get in touch with our finance experts. Enquire now.

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

Your Email*

Telephone Number*

Briefly, what type of stock or trade are you looking to finance?


VoIP Finance

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

Your Email*

Telephone Number*

Briefly, what type of stock or trade are you looking to finance?

Benefits of VoIP finance

  • No security or directors guarantee required
  • Invoice discounting or stock finance available even if the banks may have refused
  • Our partners get you competitive market rates
  • Fast turnaround – get VoIP finance in less than 24 hours

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Summary
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Aggregate Rating
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Brand Name
Trade Finance Global
Product Name
VoIP Finance (SIC 61200)
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