This type of loan will allow you to pay your supplieers on time while receiving extended credit terms and we will structure it to suit your company's trade cycle improving your cashflow.
Trade loans are flexible, short term borrowing facilities linked to specific import transactions. The items are stored securely in our bonded warehouse. The loan is paid in instalments based on the items picked up from the warehouse. For every item picked up the relevant taxes if any, insurance and warehouse fees are paid.
- Trade loans up to €100,000
- Down payment from 40% to 20% depending on the type of product
- Repayment up tp 6 months
- We allow partial items pick up
- Interest charged per pick up (1.25% per month)