Import Cashflow Finance
Our Import Cashflow Finance (ICF) product is designed to assist Importers with short term requirements for individual shipments. It was introduced to assist the growing number of Importers who were struggling to secure adequate terms from their Suppliers – many being required to pay large deposits and the balance via TT upon shipping. In recent years many importers have also had difficultly securing finance through the mainstream banking system, often being required to put up large amounts of security.
Our ICF product enables Suppliers to be paid in full upon shipment, whilst providing the Importer with unsecured, extended terms at very competitive rates. It is done on a deal by deal basis and involves very little administration, proving to be a straightforward method of assisting companies to manage their cash flow.