Funder approved USD 5 million monthly Supply Chain factoring facility for an Hong Kong freight forwarder. The facility will be used to support its trade credit as well as its operations.
With the factoring finance arrangement, forwarder could minimize the working capital and only need the first tranche of operating cash. the day to day business could be self run under the revolving credit limit of USD5M from our funder.
Client gets solution from overall financial arrangement even with relatively long credit term offered to their customer.
Client is well informed the credit line is prepared to increase under peak seasons.
