Express Trade
Our Express Trade product offers customers the opportunity to borrow against their security to trade on a larger scale! As an importer, exporter or domestic trader with turnover between $80,000 and $3million, you can use your security to structure a financing solution best suited to your working capital payment terms and pricing needs.
Benefits
- Credit lines up to 4x the value of security
- Fast access to trade lines
- No tedious credit or trade documentation
- Global coverage
- Competitive FX rates
Express Trade FAQs:
| 1. | Q) | Who is eligible? |
| A) | Any locally incorporated company which has been established and in operation for more than 3 years is eligible | |
| 2. | Q) | Do I need to fulfill a minimum turnover or be from a specific industry? |
| A) | Generally, any company involved in manufacturing, trading or services with a minimum turnover of $80,000 per annum qualifies | |
| 3. | Q) | How much can I expect? |
| A) | It will depend on your working capital needs. This product allows for credit lines ranging from $20,000 to $350,000 | |
| 4. | Q) | How soon can my loan be available? |
| A) | You can expect a decision or approval of the loan within a week of full submission of documents | |
| 5. | Q) | What do I need as security? |
| A) | Security in any of the forms below is acceptable: | |
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