Trade Financing
Trade Financing For Singapore SMEs
Trade financing is a revolving credit facility used for import financing or purchase financing. Businesses can utilize their trade financing credit lines to finance their imports/purchases with credit terms from banks. This will improve working capital and cash flow trade cycle.
Why Trade Financing?
Facilitates domestic and international trade transactions
Trade Financing helps to mitigate, or reduce, the risks involved in an international trade transaction.
Credit assurances to businesses engaged in international trade
Trade financing is the practice of providing funding or credit assurances to businesses engaged in international trade.
Improve working capital cycles
Trade financing can help improve working capital cycles, therefore, having a better cashflow.