favi

Low Doc approval up to $250k

Rolling line of credit to pay your suppliers

Repayment period up to 120 days

Get 100% of supplier invoice financed

Option to pay in different currencies with competitive FX

trade-finance-first-image

What is a Trade Finance?

A trade finance limit is just opposite to an Invoice finance or Debtor finance limit.

A Trade finance limit enables you to pay your supplier upfront or in advance before receiving goods.

You can get up to 100% of your supplier’s invoice funded and have flexibility to repay up to 150 days term.

A trade finance is also called as supplier finance.

Our loan guide

Trade Finance

Loan amount

$100k- $150M

Interest rates from

9.99% p.a.

Loan term

Ongoing

Pre-approval time

24 hours – 72 hours

Unconditional approval & settlement time

7-10 days

Repayments

Gets settled against payment of invoices within 60-90 days

Security

Secured against current assets of the business No real estate security required

What you need to know

Can be used for

Buying stock/Inventory

Paying creditors

Other working capital needs

Documents required

Last 6-12 months bank statement.

Financial statements with Receivables/Payables ledger

Sample invoice with proof of delivery

ATO statements

A valid identification proof

Benefits

Get paid against invoices in advance

Can go higher funding without real estate security

Does not impact business leverage

*The information provided in

critical information sheet

is intended as a guide only. Please contact us for more information.

What you should know about Trade Finance

Have questions? Speak to our experts!

1300 253 041 Apply Now

Why does a business need Trade Finance?

Generally, businesses who are heavily reliant on domestic or international suppliers, needs to have access surplus cash flow to procure timely orders.

Having a trade finance limit enables a business to make prompt payment or advance payment to the supplier which gives them the buying power to negotiate better pricing with discounts and timely delivery.

With a Trade finance limit, you get an option to pay back the lender up to 150 days which is a good time fame to liquidate the orders, payback the lenders and book profits.

What are the benefits of having a Trade Finance limit?

A trade finance facility can be beneficial to your business in several ways. Some of the key benefits can be listed as below:

  • No real estate security required to avail trade finance
  • Ability to pay suppliers in advance and get early payment discounts.
  • Flexible repayment terms with interest free periods.
  • Reduced payment, FX and international transaction risks.
  • Helps to unlock the market potential with timely procurement of goods.

What documents are required to apply for a Trade Finance?

  • 6-12 months Bank statements
  • Management Accounts
  • Receivables/Payables ledger
  • ATO statements
  • A valid Identification proof.

Why does a company need Trade Finance?

A trade finance facility may not be a suitable option for every business. However, it could be very useful for businesses involved in import and export of goods and services. A trade finance facility can be beneficial for both buyers and sellers.

For a buyer, generally paying for goods in advance becomes a big burden on the cash flow of the business and could witness several delays in procuring goods which can eventually impact the overall growth of the business. Having a trade finance facility helps them in making advance payment for goods to be imported and procure timely orders.

For a seller, exporting goods without receiving 100% advance may pose severe risk of default and hence they may not be comfortable dispatching the goods without receiving the full payment. A trade finance enables them to unlock cash flow from the manufactured goods in a much quicker time.

A trade finance facility not only helps to solve the liquidity problem for both buyers and sellers but also mitigates the risk in transactions involved in import/export of the goods between domestic and international trades.

How does a Trade Finance work?

1. Order goods from your domestic / overseas supplier

2. Present your supplier’s invoice to the lender

3. The lender pays the supplier’s invoice

4. Payback the lender on agreed terms of repayment.

Real results with real people.

67+ customer reviews

5.0

John Christian

John Christian

Broc Finance were a pleasure to work with. Saroj took the time to understand the purpose for the facility and my business. In doing so, he secured exactly what I wanted, quickly and at a very competitive rate. I’d recommend Broc Finance to anyone looking for a finance facility who wants to work with a broker who can provide that personal experience that the Big-4’s just don’t offer. Great experience!! I look forward to working with Broc Finance in the future.
rupali bibra

rupali bibra

Our company had an amazing experience with this company. We are so pleased with the service received from Mr Saroj. He went above and beyond to help us get out of the situation. We would highly recommend Mr Saroj who has wealth of knowledge and experience. His expertise in the finance industry assisted us to gain that financial freedom. Our case wasn’t easy and straightforward and took long six months to achieve our goals . Thanks for all the hard-work and patience while assisting us. Communication was so concise and clear . Always proactively communicating with us . Overall it was 7 star service .
Vivian Escudero

Vivian Escudero

Exceptional service from start to finish! The team was fast, responsive, and made the entire process seamless, ensuring I felt supported every step of the way. I couldn’t recommend highly enough!
Amish Desai

Amish Desai

A true professional with in depth knowledge of products and processes; Real time delivery of service, with a customer centric view, simply superb Saroj!
Harry Gill

Harry Gill

It was Great to work with Saroj. He was very accomodating and helpful . The process of the loan was very simple and easy. Saroj kept me updated at every step. Highly Recommend Saroj . Harry
Niteesha Nagowah

Niteesha Nagowah

We had an incredible experience working with Saroj from Broc Finance. He is incredibly knowledgeable, responsive, and guided us through the purchase of our company vehicle with expertise. The attention to detail and commitment to finding the best possible options truly set him apart. Highly recommend his services for anyone navigating the complexities of obtaining a finance. Thank you again for outstanding assistance.
Manpreet Kaur

Manpreet Kaur

Our sincere thanks to Saroj ji & his team for their invaluable assistance in securing the loan. We are extremely greatful for his exceptional service & support throughout the process. Highly recommend!
Greg Canal

Greg Canal

Saroj Shah (Sas) was very easy to deal with and the outcome was just what we wanted and super fast. Thank you

Have questions? Talk to a specialist!

Read our FAQs 1300 253 041
form-img

What loan are you looking for?

Tell us about yourself

Can't remember? Find it here

Frequently asked questions

Under a trade finance facility, once you receive an invoice from the supplier, you need to present it to the lender and the lenders pays to the supplier if it’s within the approved limit. You can pay back the lender on agreed terms.

A trade finance facility can be very useful for those who regularly need to order goods from domestic or international suppliers. They can pay the supplier in advance through the trade finance limit and can have quicker access to the goods. This also eliminates the risk involved in delivery of goods.

Yes, most of the lenders offer the option to remit the funds to the supplier in foreign currency.

Though the risk involved in a trade transaction is reduced to a certain scale on involving a third-party financier, there still exists some risks to both buyers and suppliers

Buyers
Sometimes, the supplier may not deliver the goods after receiving the advance payments from the financier. To mitigate this risk, generally, finance company do its due diligence on suppliers and may require payment acknowledgement documents against payment made.

Suppliers
Suppliers bear the risk of non-payment or delayed payment from buyers on delivery of goods. With a financier in picture, this risk gets eliminated as the lender makes advance payment or issue a letter of credit to the supplier before the goods are dispatched.

There could be other external risks like foreign exchange fluctuations risk, political and economical risks. Our expert team at Broc finance can help you to understand and mitigate these risks by pitching you with the right lender.

To be eligible for a trade finance facility in Australia, the business should be

Domiciled in Australia
Must be profitable for at least last 2 years
Should have positive tangible net worth in the business

You may get funded up to 100% of the supplier’s invoice.

We can get an indicative offer in as low as 48 hours of full application and limits can be unconditionally approval within 3-5 business days depending upon case to case.

At Broc Finance, we endeavour to get the most adequate facility suitable to the business requirements of our clients. In most of the cases logged in through us, we try to get an indicative offer from the lender for our client’s consideration before proceeding with formal application and consent to credit check. This approach helps our clients to avoid unwanted rejections and credit checks which can significantly impact their credit score.

Please feel free to contact us if you have any other questions. We would be more than happy to answer it.