For Importers

Benefits for importers:

• Far less capital is required for the purchase of stock, which means that the capital can be utilised in other parts of the business (for example in a manufacturing plant).
• The importer acquires additional trade finance facilities without affecting existing credit lines.
• No additional security is required and no personal guarantees are called for.
• The importer acquires extended trade credit (up to 90 days), which improves cash flow.
• All foreign currency exposure can be covered forward which reduces Forex exposure risk.
• Gearing increases trading capabilities.
• The increased trading capability improves the bottom line.