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Informing today's market
Financing tomorrow's trade
Soft Commodities Trader
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Metals Trader
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
Energy Trading Group
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Clothing company
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
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Informing Today’s Market, Financing tomorrow’s Trade.
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Jeff Fallon
Jeff Fallon
BACB plcJeff joined BACB in 2016 as Head of Trade Finance and now holds the position of Managing Director, Head of Client Coverage. He is responsible for business development and executing the bank’s strategy by managing financial institution relationships through regional Relationship Managers, whilst working closely with exporters, predominantly across Europe, thus reinforcing the bank’s two client approach.
Jeff has over 25 years’ experience in the field of trade finance, having previously held senior positions at National Bank of Abu Dhabi (now FAB) where he was Global Transaction Banking Head for Europe and Americas and at Bank ABC in London as European Head of Marketing.
During his career, Jeff has concluded regional and global receivables finance facilities for a number of major corporates in various industrial sectors including energy, automotive and telecoms.
