The Solution
The BFS Trade Finance team met with the business to gain a better understanding of its needs. This helped to identify the opportunities that would allow the business to maximise its profit through a combined Invoice Finance, Trade Finance and Foreign Exchange solution.
A complete flexible funding package was agreed that would support the business during seasonal cycles, remove administrative challenges when goods were held at customs and also reduce currency volatility. The combined Invoice Finance and Trade Finance solution helped to facilitate quick transactions and same day payments to suppliers, allowing the business to continue to grow.