Import / Export finance

Fund business flexibility and growth opportunities

Import / Export finance

Import / Export finance, otherwise known as trade finance, is a great short-term funding solution to maintain your business cash flow throughout your trading cycle. Import / Export finance is taken out on a transaction-by-transaction basis on a shipment of goods which is then repaid to the lender once, as an importer, you have used or sold the goods or, as an exporter, your customers have paid you for the order.

Key points

  • Loan up to 100% of supplier expenses
  • Short loan terms, typically 60 to 180 days
  • As little as 1 day to fund
  • Rates from 1% establishment fee plus 0.75% per month

How does import / export finance work?

Import / Export finance requires a finance company to pay your suppliers or business customers directly for approved goods or services, which you then repay typically over 60 to 180 days. This type of finance can be used by both importers and exporters.

Import finance allows you to order goods from an Australian or international supplier and forward the supplier’s invoice to the lender. The lender will then fund up to 100% of the amount of the supplier’s invoice to you. Once you have received the goods and used or sold them, you then pay the lender the invoice amount. Export finance works in a similar way, but rather you are financed for an order you receive.

Trade finance can allow you to manage cash flow and keep your business running as usual while waiting for payment or to on-sell goods. It also gives you the ability to take timely advantage of business opportunities like taking on new contracts, offer extended payment terms to your buyers or use your purchasing-power to receive volume discounts. FundingPro work with a number of lenders specialising in trade finance, chat to one of our lending specialists today.

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Prefer to talk to a loan expert?
1300 898 765

What documents will need to be approved?

Domestic trade:

  • Copy of supplier invoice
  • List of directors
  • Financial statements

International trade:

  • Copy of supplier invoice
  • List of directors
  • Financial statements
  • Bill of lading

How we work with you

1

Let us know how
we can help

Apply now to provide a few simple details about what you'd like to achieve, completely obligation-free.

2

We'll tailor a range of solutions to suit you

Once we're familiar with your goals and situation, we'll share a pathway with you for you to achieve them.

3

You'll stay stress-free
and well-informed

We're here to advise and represent you with expertise, integrity & transparency throughout your journey with us.

As a business that is growing fast we needed to quickly buy more stock.
Banks couldn’t do this quick enough hence why we turned to FundingPro.
The communication was great and funding was very fast.

 

Courtney Williams
Kiddimoto Australia

FundingPro tailored a finance solution to our needs, assisted with the application process and we were successful in obtaining funds in a very short time at very competitive rates.FundingPro – a definite go to place for finance.

 

Tony Clements
CDM Accountants

Let's chat about your financial goals

With a few details about what you'd like to achieve, we can begin mapping a pathway to get there. It's free to apply and completely obligation-free.

Apply Now