Trade Finance
Have you ever had to turn away business because you couldn’t afford to fund it? Or received a Purchase Order from your customer but don’t have the capital to pay the overseas manufacturer 100% before the goods leave the factory? Get the finance you need to pay your suppliers, be it for imports or exports. This lets you focus on closing sales rather than worrying about how to manage your cash flows.
What is Trade Finance?
OptiPay offers Trade Finance to established Australian businesses with a proven track record of importing or exporting product. We provide businesses with funding to pay suppliers upfront. By using our revolving line of credit to pay overseas or local suppliers when needed, business do not need to worry about always having cash sitting in the bank. We tailor flexible finance packages to give you more purchasing power on simple or complex trade requirements. With our strong financial position and expertise in cross-border transactions, it allow us to quickly structure the best funding solution for your business. Simple and straightforward! Trade Finance works in conjunction with our Invoice Finance (Line of Credit) product so as you raise invoices, you then repay this revolving facility from your available funds.
How Trade Finance Works
OptiPay offers Trade Finance to Australian businesses from early stage to mid-market companies with proven track records. With our strong financial position and expertise in cross-border transactions, it allow us to quickly structure the best funding solution for your business. Simple and straightforward!
How Trade Finance
Works for Importers
- You order goods from an overseas supplier.
- You receive the supplier’s invoice and send it to us as Good To Pay.
- We pay your supplier’s invoice.
- You receive the goods and pay us on agreed terms.
- If you don’t have funds available when the goods arrive then we can establish an Invoice Finance facility for you.
How Trade Finance
Works for Exporters
- You receive an order from an overseas customer.
- Based on the purchase order we provide you with the finance needed to manufacture the goods.
- Goods are shipped to the customer.
- The customer pays you for the goods as per your trading terms.
- You repay us when you receive the funds from your customer.
Quick Online Enquiry
It will only take a few seconds & will not affect your credit rating.
Note: OptiPay funding solutions are only suitable for businesses with annual revenues of $1m+ per annum.
Note: OptiPay funding solutions are only suitable for businesses with annual revenues of $1m+ per annum.
Benefits of Trade Finance
Buy now, pay over time, mitigate risks and most importantly, free up working capital.
Importers
Exporters
Importers
How OptiPayTrade Finance
Can Help Importers
- More cost-effective and flexible than a business loan or overdraft.
- Free up working capital. No need to have your money tied up for 6 -10+ weeks while goods are manufactured and then shipped.
- Obtain early payment discounts as suppliers often offer a discount to early paying customers, particularly overseas ones.
- Access overseas support. With people in Asia and the USA we can assist with product sourcing and quality control from the factory.
- No hidden fees.
- Property security may be required.
- Quick and easy application process.
Exporters
How OptiPayTrade Finance
Can Help Exporters
- More cost-effective and flexible than a business loan or overdraft.
- No need to have your own money tied up in the manufacturing process. Get access to the cash required and only repay it when your overseas customer pays for the finished goods that have been delivered.
- By paying your suppliers upfront, it allows you to get early settlement discounts from your suppliers resulting in cost savings.
- Access overseas support. With people in Asia and the USA we can assist with product sourcing and quality control from the factory.
- No hidden fees.
- Property security may be required.
- Quick and easy application process.
As featured In
Are you an importer or an exporter facing working capital issues?
Fill out our quick application form to get in touch with one of our friendly advisers and find out how trade finance can help your business.
Click on the button below to get started. It will only take two minutes and won’t affect your credit rating.
Why Choose OptiPay?
We are a nimble finance company which has been around for almost 10 years servicing growing small to medium size businesses.
This allows us to create flexible and innovative funding solutions customised to your specific business needs.
Please note our Trade Finance product is available only for importers and exporters dealing with international transactions.
If you are looking to fund domestic trade transactions within Australia, please refer to our other funding solutions.
OptiPay Platform Integrations
OptiPay’s accounting interface is quick to setup and integrates seamlessly with your accounting software
to help to manage your money and pay suppliers.
