Sterling Trade Finance completes a £250k transaction with fashion importer
Sterling Trade Finance Ltd successfully completes a £250k trade and invoice finance transaction with a fashion importer selling goods to retailers in the USA and UK. Sterling provided purchase order finance to buy goods from suppliers in Portugal and Turkey. The client was given up to 90 days to make the repayment to Sterling through web sales via an e-commerce funding facility and by the sales to retailers through a selective invoice finance facility. All sale invoices are covered by Sterling’s bad debt protection policy; a full, flexible trade and invoice finance facility funding the whole supply chain including VAT, duty and freight which allows our client to pursue all sales channels.