Support to increase profitability
The BFS Trade Finance team were able to offer a combined funding package of Invoice Discounting with Trade Finance, which helped to increase funds to manage the business during its seasonal cycle. With the FX service, the business is now better placed to lock-in future contracts when it forward buys currency in bulk.
Offering a complete solution through BFS has meant that the business has been able to maintain its growth and profitability, while managing currency volatility at the same time.
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