After placing their order and having goods shipped back in November 2015, the 120 day credit cycle expired today for this client, importing cosmetics from factories in China. This form of finance is perfect for an importer, because does not need to be finished goods and does not need to be pre-sold. Better still the client company […]
Monthly Archives: March 2016
10
Mar
Mar
Another two transactions have just completed for one client, this month. For amounts of US$15,293 and US$32,055, where our lender provides a line of credit to pay suppliers. Both US$ payments were made in November 2015, to the same supplier in Hong Kong with 120 days credit to the UK Buyer. Now that the payment […]
01
Mar
Mar
We have just seen another transaction complete, this time for £73,343. The purchase of goods was made by our client last October 2015, where the lender made the payment, to the supplier, on their behalf with a promise to pay, plus fees, 120 days later. It means the supplier gets paid immediately and ensures the best […]