In the last few weeks, we have seen another four trade finance transactions complete for clients, using a Purchase Line of Credit. This simple solution has provided the UK client with credit to purchase goods and take up to 120 days to repay the lender for the purchase. In total these four transactions amounted to £535,451 […]
Category Archives: Trade Finance
News, Trade Finance, Uncategorised
Trade Finance / Purchase Line of Credit / Import Finance COMPLETES
15
Mar
Mar
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 […]
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 […]
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 […]
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 […]
28
Jan
Jan
Today we has seen another client complete an import loan to the tune of US$15,187. The goods were ordered from China by our client on 30th September 2015 and paid for by the finance provider, using a trade finance / line of credit. This gave the client the best “cash” price for their purchases, since payment […]
18
Dec
Dec
Welcome to Steadways Limited and our new website, launched today. This is a first for Steadways Limited, having a website. To date our successful has been based on referrals and networking from our base in West Sussex. With this website, we plan on sharing real clients cases, news and events surrounding our commercial finance world. Please […]