Trade, procurement and inventory financing
Sourcing domestic invoice factoring will uncover a plethora of options but, locking down a solution for clients that export to overseas customers can be challenging. In the business of exporting, owners quickly become aware they need to reach a wide customer base and only extend credit to high-quality customers or risk taking a loss. Of […]
Before you commit valuable resources and capital to export your goods to foreign soil, it’s crucial to understand the pitfalls you could be up against when entering new markets. It’s common to stumble upon the opportunity to export when a foreign company placed an order. Or it’s an ambitious plan to expand internationally and now […]
International businesses understand the importance of cash flow. Without access to liquid funds, growth slows, and competitors start to take up the market around you. Unless your business has unlimited access to working capital, cash must be sourced externally. There are other solutions available, however, meeting the unique challenges associated with international sales and can […]
We’ve been busy testing new trade facility variations with a number of clients and advisors. Demand for a line of credit to pay suppliers with no repayments during the term has been received very well and attracted a number of broker partners to offer our non-advertised product to prospects. . . . Stak‘s “Standby” Trade […]
Negotiating supplier payments can become your biggest hurdle when sourcing goods from foreign suppliers. Suppliers need the confidence that you’ll make payment or have the financial backing to complete. You want guarantees to ensure that your supplier performs before releasing funds. Dealing with new suppliers can become your largest risk impacting your operation right when […]
Education in purchase order financing (PO Finance) in crucial as very few lenders, finance brokers or operating companies know what the value proposition is. PO Finance is not asset-based financing (factoring, debtor finance, equipment or mortgages) since the assets have not yet been created. A purchase order is not an asset. It is simply a […]
Structured trade finance is used primarily in the commodity and inventory sector by traders, producers, and processors. Structured trade products are mainly warehouse financing, working capital financing, and pre-export/import financing. Some lenders extend lending and finance for the conversion of raw materials into products in addition to payment guarantees to suppliers. Historically, $8 trillion worth […]
In a recent survey of Stak’s top twenty-five (25) channel partners, we uncovered the pitfalls, frustrations, and tactics used when sourcing trade financing. When asked what frustrates them most about the specialist commercial finance market right now, over half (57%) of those surveyed named lenders changing their mind after issuing offers as their greatest disappointment. […]
What’s the coolest piece of equipment you’ve ever financed? Unique, luxury or vanilla imported items in our industry often come with a flair of difficulty. Securing equipment finance once the goods have landed in Australia is most often never the issue. How do you fund supplier payment to get the goods shipped in? A typical […]
We caught up with Stak partner, Adam Welsh, Principle at CreditSME to discuss the business lending marketplace and where it’s heading. Why did you set up CreditSME? What was missing? On researching the market, there was a clear perception from businesses that the only funding option available to them was a loan from a major […]
