All our products are built around two key principles: flexibility, and affordability.
Our clients have a Trade Credit Limit and they are free to operate as they wish within that limit, whilst only incurring costs on funds that are actively deployed at any given time. The quicker our clients move on their stock, the less they pay in stock purchasing costs.
It may seem counter-intuitive for a lender to help their clients repay their facility as quickly as possible, but that’s exactly what we do.
We exist in order to allow our clients to grow their businesses faster than they could otherwise. As fast as their sales pipeline will allow.
The vast majority of our clients have revolving Trade Credit arrangements with us. This means we make multiple purchases of different stock items from different suppliers, all under one Credit Agreement. The sooner each stock purchase is repaid, the quicker our security is turning which improves our risk position. At the same time, rapid stock turn has the effect of reducing the overall outstanding Trade Credit balance. Since we charge daily based on the outstanding balance that day, our goals and those of our clients are aligned.
We work tirelessly to help our clients turn their inbound stock into outbound invoices as fast as possible, as it reduces our exposure to stock-based risk and it saves our clients money in terms of charges.
Our clients tell us that this naturally shared objective is the number one reason they love our facilities.