Trade finance up to $250,000

Designed for importers and exporters, a trade finance facility from Spotcap can help you reach more of the world

How-it-works-mobile-steps

What's different about a Spotcap finance solution

Unsecured – no collateral required

No early repayment fees

Free, non-committal application

A decision within 1 working day

Financing opportunities for importers and exporters

Businesses working across borders need access to capital to grow to their full potential. A trade finance facility from Spotcap can help

Trade finance up to $250,000

Only pay interest on what you use

Straightforward paperless application

Funds available within 24 hours

How a credit facility from Spotcap works

Trade finance from Spotcap is in the form of a credit line. This allows you to draw down amounts of credit when you need it, with each drawdown becoming a separate business loan

APPROVAL

Once your application has been approved we offer you a credit line. Your funds will be available within 24 hours

COMMITMENT PERIOD

Your credit line is available for 1 to 3 months. During this period you may drawn down as much or as little as you need

DRAWING DOWN

Each drawdown becomes a separate business loan. Each loan has the same interest rate

REPAYMENT

Each loan is repaid monthly over an agreed course of time (between 1 and 12 months). After the first month, you can repay your loan early without penalty

RESCORING

When your credit line expires you have the option to request a rescore. This means that we reassess your information and determine if we can offer a longer repayment schedule or larger credit line

How to apply for a trade finance facility from Spotcap

Click play to see how your application could be completed in 15 minutes

Spotcap line of credit 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.

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For more details on eligibility and required documents, request a callback or call us on 1800 10 70 10




We’re trusted by thousands of growing businesses

Short term business loan customer quote

“Spotcap’s online process was simple and straight-forward and I was approved for finance in no time at all.”

Spencer Smith

Founder, RV Solar Supplies

How Spotcap customers have used their credit facilities

  • Importing and exporting

    Investing in the future – using working capital to make large trade purchases

  • Bridging cash flow shortages

    Using finance to meet unpredictable demand

  • Domestic and international trade transaction

    Capitalising on trade opportunities in both domestic and international markets

  • Inventory financing

    Keeping up with clients by purchasing more stock

Compatible accounting softwares

Understanding trade finance

Information for business owners in importing & exporting

What is trade finance?

  • Trade finance makes it easier to buy and sell across borders. It’s a broad set of financial tools that meet the needs of importers and exporters of both finished goods and raw materials. The World Trade Organization (WTO) estimates that 80 to 90% of global trade relies on trade finance. Letters of credit, bills of exchange and loans are all elements of this type of finance.
  • What they have in common is that they are all concerned with ensuring businesses have access to working capital when they need it. When finance isn’t available, it restricts the capacity of a business and the profits it is able to turnaround.
  • Due to the high nature and demand of trade finance, importers and exporters often need to be agile with cash management to handle fluctuations in the industry. By providing vital liquidity, credit and insurance, trade finance helps keep the wheels of international commerce turning.

What are the benefits of trade finance for importers and exporters?

  • Trade finance has many advantages for firms that import and export. By providing a stream of working capital it enables businesses in both fields to manage their day-to-day running costs. Trade finance can allow an importer to buy stock in bulk up-front, and an exporter to buy more inventory to sell. More working capital and a well-managed cash flow aids the growth of a business, allowing it to fulfil larger transactions that normally wouldn’t be possible. This can, in turn, potentially increasing profit margins.
  • 
Since importers are obliged to pay for goods before they are shipped, the importer requires liquidity to pay the exporter’s invoice, as well as security that the goods will arrive. The importer’s bank can help by providing a letter of credit to the exporter, which provides working capital for the importer and mitigates their risk. An exporter’s bank lend money to an exporter on the basis of an export contract.

Can trade finance mitigate risk?

  • Trade finance facilities act as safety nets, offering a degree of protection to buyers and sellers in an international marketplace. They assist in the fulfilment of transactions that may involve several currencies and multiple stakeholders.
  • More specifically, trade credit, political risk insurance and credit insurance are products that temper commercial risks that arise from conflict and instability. Credit insurance helps recover all or part of a receivable, while political risk insurance protects businesses that purchase from potentially unstable regions.

Start growing with a credit facility from Spotcap