Trade Finance & Equipment Finance
A well-established manufacturer of injection moulding plastics. The business provides services and installations and has a nationwide distribution system for finished products and spare parts.
The business made a purchase of heavy equipment and was in need of working capital to cover the transportation and installation costs.
We provided a Trade Finance Facility to support the business in covering the expenses related to setting up the equipment and transportation costs and paying the suppliers. The Equipment Finance Facility was settled after the equipment was installed and commissioned. This helped in providing working capital to the business to continue its ongoing operations.