JUST LAUNCHED! Download the latest insights from the March edition of our SME Growth Index report. Out Now!
Take control of your cash flow with ScotPac’s new Line of Credit. Lean more
Need a quick business cash boost? Apply online for up to $100K unsecured click here
TRADELINE

Clothing Importer

Industry
Importer
Product
Enquire Now

Why Trade Finance?

This clothing importer has two shipments from overseas per annum, for their Winter and Summer season collections.  They have over 30 retailers across Australia and goods are on pre-committed orders, with a large profit margin.  Trade Finance provides the ability to make 90% up-front payment to the overseas supplier allowing the client the ability to make repayment once goods are sold.

Why ScotPac?

After looking into financing options available, the Directors found that other Trade Finance providers had very complex transaction processes, with some requiring supplier accreditation before providing approval.  ScotPac Tradeline has a simple, straightforward and speedy approval process and is less restrictive than other Trade arrangements.  In addition, ScotPac Tradeline develops a working relationship with the supplier which enables us to negotiate with deposit requirement, payment and shipping terms to provide the best deal for our client.