Trade finance solutions of up to $250k for businesses in Australia

Export and import finance offers huge potential to businesses in Australia. We offer a new approach to financing your International and domestic trade success

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What is trade finance?

Trade finance makes it easier to buy and sell across borders, and across the ocean. It’s a set of finance tools that have developed over time to meet the needs of importers and exporters of both finished goods and raw materials.

Letters of credit, bills of exchange and loans designed specifically for international trade are all elements of trade finance. What they have in common is that they are all concerned with ensuring businesses have the right funds, at the right time.

Both importers and exporters want the confidence that they have access to the working capital they require to keep doing business. Trade finance gives them this confidence, and as a result, it helps keep the wheels of international commerce turning.

What is trade finance?

Trade finance makes it easier to buy and sell across borders, and across the ocean. It’s a set of finance tools that have developed over time to meet the needs of importers and exporters of both finished goods and raw materials.

Letters of credit, bills of exchange and loans designed specifically for international trade are all elements of trade finance. What they have in common is that they are all concerned with ensuring businesses have the right funds, at the right time.

Both importers and exporters want the confidence that they have access to the working capital they require to keep doing business. Trade finance gives them this confidence, and as a result, it helps keep the wheels of international commerce turning.

What are the benefits of trade finance?

Trade finance has many advantages for firms that import and export goods and materials. Designed with the demands of international trade in mind, this type of finance is structured to fit around your business' trading cycle.

Trade finance allows SME businesses to grow, as it provides a supplementary working capital stream, enabling businesses to control their day-to-day running costs. This type of facility can also allow a business to buy stock or inventory in bulk up front, potentially increasing profit margins.

Another benefit of trade finance is the ability to pay import collections and import letters of credit, as well as extending your working capital. Given the trust oriented nature of international trade, this form of finance can allow you to make quick payments to your suppliers, supporting your reputation and strengthen your relationships.

What is Spotcap's trade finance solution?

A typical trade finance arrangement is focused on ensuring your business has access to working capital when you’re importing or exporting. A Spotcap business loan delivers the same outcome, giving flexible access to finance as you need it.

A significant difference between a Spotcap business loan and many other forms of trade finance is that we do not ask for any security or a guarantee. Our unique approach to assessing a firm’s financial health makes it possible for us to offer unsecured loans.

Because the loan is unsecured, and delivered on flexible terms, it offers a genuine alternative to businesses looking for trade finance. The Spotcap loan solution has been designed to meet the needs of growing and ambitious businesses in Australia.

What is Spotcap's trade finance solution?

A typical trade finance arrangement is focused on ensuring your business has access to working capital when you’re importing or exporting. A Spotcap business loan delivers the same outcome, giving flexible access to finance as you need it.

A significant difference between a Spotcap business loan and many other forms of trade finance is that we do not ask for any security or a guarantee. Our unique approach to assessing a firm’s financial health makes it possible for us to offer unsecured loans.

Because the loan is unsecured, and delivered on flexible terms, it offers a genuine alternative to businesses looking for trade finance. The Spotcap loan solution has been designed to meet the needs of growing and ambitious businesses in Australia.

Could a Spotcap business loan be my alternative to trade finance?

A Spotcap loan can be a practical alternative to trade finance for firms in many industries. Here are just a few examples of how our loans help by:

  • Financing import of inventory

    Delays in the delivery of inventory, whether raw materials or finished products, can wreak havoc with your manufacturing or sales plans. Trade finance can help eliminate hold ups by ensuring payments are made on time

  • Providing the capital to pay staff

    Whatever your business, you don’t want to run the risk of not paying your staff on time. This is where a Spotcap loan can be a lifeline, providing the cash required to meet your payroll obligations

  • Allowing you to pay suppliers on time

    International trade depends on trust and goodwill, which can be more fragile because of the geographical and cultural distance between buyers and sellers. Having a solid trade finance arrangement in place to fund payments can help protect commercial relationships

  • Supplying vital working capital

    You don’t want to put your day-to-day operations at risk by not being able to make an essential payment. The flexible nature of our loans can give you peace of mind that extra capital is available should you need it

Key points about the Spotcap alternative to trade finance

  • Loan amount

    Our alternative to asset finance could give you a loan of between $5k and $250k
  • Loan terms

    Once approved, we give you access to a line of credit. Withdraw what you need to finance your international trade, and then repay, typically over 6 to 12 months
  • Criteria to qualify

    You can borrow for any purpose, including trade finance. A Spotcap loan is available to businesses registered in Australia who have been trading for a minimum of 12 months, with an Australian online bank account, and a turnover of at least $100k
  • Interest rates

    Market conditions and your recent business performance will determine the rate of interest we charge. Use our business loan calculator to estimate monthly repayments and interest costs

Business loan repayment calculator

  • Amount
    $ 125,000
  • Time
    9 months

$14,951

Monthly repayment

For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly repayment

$14,951

  • Amount
    $ 125,000
  • Time
    9 months
For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How do I apply for a trade finance loan

How-it-works-mobile-steps
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Sign up with us

Register online to get your loan application started. Begin now and you could be done in less than five minutes.
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Complete your application

We guide you through the steps needed to give us the accounting and banking information we need, along with the necessary personal and business data.
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Get approval

Once approved, you can access your business loan within one working day. Then you can start drawing down finance as you need it.

Spotcap loans reviewed by business owners like you