Import Companies using Debtor Finance
Why would the Import sector need debtor finance?
For the last 10 years, the Import sector has been growing as the demand for cheaper overseas products hits Australia. Companies have been pushing offshore production to cut costs. Therefore importing products back to Australia.
The ever growing need to import from China, has caused Importing business to blossom and skyrocket. As China debt is ever increased, their terms Freight on Board is being squeezed. Smaller firms have to pay COD, or FOB in order to secure items. Other larger firms are on short terms and it’s a balancing act with Cash flow or Line of Credits. Debtor or Trade Finance has been successfully helping businesses grow through this process, keeping bother trading accounts and Cash flow stabilised. Having steady cash flow helps Importing businesses keep stock replenished from overseas. Onshore debtor finance facilities, help maintain that cash flow, and generating a steady increase of product and staff to sell it.
How can TDFC help businesses exporting?
Trade Debtor Finance Consultants Pty Ltd (TDFC) will answer any questions you have. At no direct cost, we offer an obligation free quote in writing so that your firms gets some sound advice. TDFC ensure that you fully understand the workings, the fees charged, and facilities chosen. Our consultants work to provide the best product and price that suit your needs. Best thing is you will still get to choose up to four options.
Talking to a consultant today could be the greatest first step you could take to:
- Having Unpaid Invoices paid in hours not days
- Increasing marketing budget
- Developing a corporate profile
- Paying for licenses
- Covering costs of distribution that will be affected by your product/service
- Hiring staff and paying not at your own expense
- Increasing business cash flow
- Paying creditors on time
- Growing your business
- Paying bills faster
- Keeping your business productive
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