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Provided by: Trade Finance Providers 7/03/2007 - A fast growing womens shoe importer based in Melbourne was experiencing rapid growth of orders from a leading department store chain. Each new order received from the Department store chain required a deposit to be paid the manufacturer in China . In order to finance this growth , the client was experiencing cash flow pressure . The client had utilized a factoring company – but that was not a practical solution as in order for the factoring company to advance funds against the invoices , the goods had to be delivered first . The difficulty was financing the delivery of the goods to Australia in the first place . TFP was able to arrange a line of $500k USD to assist with ordering the inventory for the growth of the order book . The client has been able to seek US customers as well – without the concern of having to turn away business as a result of a limited supply of working capital . Feature Articles |