We have completed a new invoice finance facility for a client with just one customer. Whilst trade has been established for ten years, sales to date have been cash, from internet sales and from the company website. However, when faced with a major Channel TV Sales account, seeking credit terms, the dilemma was how to finance the […]
Monthly Archives: February 2016
22
Feb
Feb
A new client has calculated their average monthly saving will be £800 after switching to our FX online preferred supplier. Simple and effective online currency at rates that will beat most others, particularly the banks. Ask for more details via www.steadways.co.uk
18
Feb
Feb
Another trade finance transaction completed today, for US$14,000 for Fashion Accessories from China. The payment was made by lender, who paid the supplier 120 days ago and now the repayment has fallen due from the client / importer. Client pays today, which refreshes their credit for re-use. Simple and effective trade finance, without collateral or security from the […]
11
Feb
Feb
After an introduction from their bank manager, we have been able to secure funding for assets finance, purchasing a new vehicle, for a Beef Farmer in Hampshire. With the company still in it’s first year of trading, a number of finance providers had declined to help, but by knowing the market, Steadways secured a solution.
01
Feb
Feb
Today we have completed another trade finance transaction using an import line of credit for our UK Buyer. The Client company made the order and paid for the goods back on 9th October 2015, using this uncollateralised facility, with a fixed repayment today. Total value including fees amounted to £144,102 and now the credit refreshes to allow […]