Financing tomorrow's trade
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.
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.
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
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.
Informing Today’s Market, Financing tomorrow’s Trade.
Welcome to Trade Finance Global. Browse and read the latest news, stories and educational insights from the world of trade and receivables finance. Stay up to date with the latest products, services and innovations in the market, bought to you by the Trade Finance Global team.
FCI, the global representative and network for the factoring industry, has entered a factoring data-sharing cooperation with the International Chamber of Commerce (ICC) Trade Register. The announcement was made today,… read more →
Allianz Trade, a provider of trade credit insurance, is set to acquire an additional 50% stake in Cosec, the Portuguese export credit agency (ECA), from Banco BPI, Portugal’s fourth largest… read more →
