Providing flexible working capital to your supply chain
Whether you are a supplier or a buyer, your bottom line is affected by your trading partners'ability to raise funds.
If your major buyers want to move from Letter of Credit terms to Open Account terms, can you still obtain pre-shipment financing from your Bank? Can your sales cycle generate cash fast enough if your major suppliers want to reduce your credit term?
Standard Chartered offers Supply Chain Financing as a solution to the financing needs of your entire supply chain.
The Supply Chain Financing Solution:
- Supplier Financing
If your suppliers request to move from Letter of Credit to open account terms, Supplier Financing may be the solution for you. We can provide pre-shipment financing to them based on your confirmed purchase orders or post-shipment financing with or without recourse.
- Buyer Financing
If your buyers need a longer credit term to raise the funds to pay you for the goods than what you can afford, do not miss out on the incremental revenue that these buyers could otherwise bring in. Let us offer them the Buyer Financing solution.
Trade Services for Corporates