Import Finance

The Castle Finance Group can assist companies to pay their suppliers for goods through our import finance solutions. When your business receives an order from a customer to supply goods that need to be imported we can organise the finance to land the goods in Australia.

Import Finance provides funding for each stage of the trading cycle, it bridges the gap between payment for imports and receipt of funds through subsequent sales. Import Finance can leverage against the purchase order and stock to obtain working capital, allowing a business to manage cash flows more effectively and allows greater flexibility to free working capital for other business needs.

Our import finance specialists can help you understand your inventory import documentation and how inventory can be financed whilst in transit. At Castle Finance we have access to a large range of lenders allowing us to find the most competitive and suitable loan for you.

With Castle Finance our import finance;

• Provides for all aspects of manufacture, import, commissioning, payment and long term asset finance

• Facilitates payment to offshore suppliers in any approved currency

• Gives you greater flexibility and liquidity

• Means you don’t miss business opportunities due to inadequate cash flow

• Improves your negotiating position with suppliers as you’re able to accept quick payment terms

• Allows you to negotiate early settlement discounts, import greater quantities and obtain bulk discounts

• Allows timely payments to you suppliers which will enhance your trade business reputation

• Allows foreign exchange and interest rate hedging

• Provides certainty of pricing

At Caste Finance our import finance facility include:

• Letters of Credit - a form of payment from a bank guaranteeing payment to a supplier is on time and for the correct amount upon the compliance of the terms on the Letter of Credit. Letters of Credit are widely used and represent a secure approach to trade for both sellers and buyers. Letters of credit can be established with flexible terms and in almost any currency.

• Documentary Collections - often used as an alternative to Letters of Credit. They still form a secure payment method for suppliers whilst reducing the burden of compliance required with Letters of Credit.

• Trade Bill facilities - a loan with the fixed amount, fixed term and fixed interest rate, with terms generally ranging from 30 to 90 days.

Our import finance package addresses all three funding issues associated with acquiring goods from overseas:

• Pre Shipment trade finance

  • Letters of Credit

  • Flexible Terms

  • Currency Risk Solutions

  • Marine Cargo Insurance

• Finance for goods that have been shipped but not yet received

  • Term Letters of Credit

  • Trade Bills

• Funding working capital whilst waiting on your customers to pay

  • We can also organise further funding to allow time for your customer to pay you.

  • Funding up to 90 days after delivery to customer

At Castle Finance we are specialists in import finance, we offer flexibility at every stage and we have a proven track record in all aspects of import funding. We find the most suitable lender to ensure maximum commercial benefit to your business, so why not call now and speak with one of our specialist consultants to discuss your import finance requirements.