Funder approved USD 7 million monthly trade factoring facility for an international manufacturer. The facility will be used to support its trade credit as well as its operations.
Client has a business growth for 30% annually without any collateral pledged or guarantee executed and the overall financial costs has been substantially reduced as it is raised according to the invoices presented for discount. Unlike the bank loan which will charge to client on day one, no matter it is well applied in business.
