Trade Finance

Trade Finance is used where goods are being acquired overseas and the supplier requires confirmation of finance approval prior to shipping. It is also appropriate where goods are being manufactured overseas (e.g. printing press, furniture manufacturing equipment). The financier approves funding which includes an Import Letter of Credit. The facility can also include foreign exchange options (hedging) as well as Marine Transit Insurance options. The facility is generally converted to either a lease or equipment loan facility once the goods are landed in Australia.