Our core Trade Finance service is simply two services seamlessly wrapped into one. Essentially, Purchase Finance together with Invoice Finance.
4Syte Trade gives you access to more working capital throughout your whole trade cycle, from your suppliers to your clients, whether you are buying in the UK or abroad.
4Syte Trade Finance is available to clients taking out an invoice finance line with 4Syte – giving you a full cycle service.
How 4Syte Trade Finance Works
Our trade finance facility is a way of receiving financial help for the full trade cycle of a project, without causing any disruption or delay to the work.
For example, you need to pay a supplier for a part but don’t have the cash to pay for it until you invoice your end client. And you can’t do that until you get the part. It’s a conundrum that millions of businesses face every day.
Our Trade Finance facility would allow for us to pay your supplier directly, so you can get the part and keep your process moving.
Once you invoice the customer, our Invoice Finance service takes over and we offset the cost against the value of the invoice.
Then, to give you some breathing space, we can extend the number of days for you to repay, for up to 90 days.
Trade Finance Benefits
We all know that business trade cycles have ups and downs and there are times when you struggle to keep a project going.
Traditional high street banks and other lenders often don’t have the flexibility to help SMEs in this way.
What’s more, many SMEs don’t have the cashflow to enable them to have large outlays before the client has been invoiced and struggle to get a traditional loan from a bank, which is why 4Syte has stepped in to help with our fantastic Trade Finance product.
Our Trade Finance service allows you to order goods from anywhere in the world and keep your project going without you having to commit long term to loan repayments.
Because we will finance the payment of invoices as and when the project requires them, you don’t end up having to repay a huge amount of debt and you know you will be able to afford the repayments. Once the client pays the invoice, your advance is repaid. It’s that simple!
Unlike other finance companies, we offer the human touch backed by years of experience and a heavy investment in training. We use this powerful combination to simplify the process.
As soon as we receive a completed application, our underwriters will get back to you within 48 hours.
We Are Here To Help SMEs
Cash is king and many businesses close their doors with full order books because they simply don’t have the funds to stay afloat before the customer pays.
Overheads, customers defaulting on invoices, overdraft charges and unforeseen expenses are all reasonable and common barriers to a company’s financial health.
Not only does it make it more difficult to afford initial outlays, but lenders are also less likely to offer loans just when you need help the most.
By issuing trade invoice finance as and when you need it, the risk of getting into serious financial woes and having cashflow problems decreases substantially.
Here at 4Syte we pride ourselves on giving our clients a more human and personal approach than you get from most high street banks and other lenders.
You can take a look at some of the testimonials from clients that we have helped financially here.
Get In Touch
If you would like some more information on our Trade Finance service or any of the other financial services we provide, then please do not hesitate to contact us. Our team of experts is always happy to answer any questions that you may have and help in any way that we can.