Import Finance

A line of credit allowing you to finance goods from ship to shore more frequently, giving you greater import buying power without having to tap into your working capital.

Rhys Trusler

Strategic Relationship Manager

Mobile: +64 21 37 5746

Rhys Trusler

What we offer

GE Capital can provide a dedicated line of credit to handle your import requirements and access to cash to help ensure your overseas transactions are seamless.

We have a dedicated team of experts with cross-border finance experience to tailor our range of products and services to meet your needs, and being part of GE, a company which operates in over 120 countries we understand how it works.

Import Finance gives you greater and more transparent buying power and the ability to import more stock, more often. Gone are the days of accessing working capital to cover shipping and transportation costs creating a cash flow squeeze.

Your line of credit is also guarantee of early payment, giving you access to supplier discounts. Our lines of credit mean you can work directly with the supplier and pay according to agreed terms.

How it works

An Import Finance facility is a funding line used by a purchaser to cover the cost of bringing in goods which have been purchased from an overseas supplier.

Using such a facility gives both the purchaser and supplier more certainty and security when undertaking international transactions.

We can provide your business with a line of credit and work directly with your overseas supplier to facilitate payments. Whether it’s locally or globally, we have the capability to both import specific asset purchases, or fund the flow of goods across an entire distribution network.

We will often only need security over the asset being purchased so no need to tie up other security as collateral. It is simple, clean and easy.

Benefits

An Import Finance solution provides you and your business with various benefits to keep your inventory moving from ship to shore.

Benefits for your business, such as:

  • Provides you with more buying power, allowing you to import more inventory, more often
  • There may be no need to utilise property, cash or other collateral to support the transaction as often the asset itself is all we will need as security
  • Eliminates the need to access your working capital to fund the shipping and transportation costs usually associated with importing inventory
  • May provide you with the opportunity to negotiate favoured terms with the supplier
  • Dedicated importing team to streamline the payment while building relationships with both you and your suppliers
  • Payments to supplier will be made prior to goods leaving the country of origin