Well negotiated Trade Finance Facilities deliver positive results
Many corporations, small and medium-sized businesses are turning to specialist equipment finance brokers to negotiate the terms and conditions of trade finance facilities required for the acquisition of machinery and other capital equipment necessary to increase productivity.
Trade finance facilities include Letters of Credit for the importation of machinery or equipment, hire purchase agreements, lease purchases with varying balloon or residual options, unsecured loans and working capital lines of credit. For business owners it can be an overwhelming and time-consuming prospect to investigate the many commercial equipment finance options available in the market today. In many instances business owners approach their bank to organise their commercial finance and, in doing so, invariably find that the bank may well grant the facility, but at what cost to the company?
Added to this, finding someone within a bank, with expertise in the importation of capital equipment can be difficult and invariably every bank or financier has different requirements and limitations, which can lead to delays and issues with machinery manufacturers or agents.
