We help our clients to purchase goods globally and domestically
We understand the needs of importers, that trading with business partners, particularly overseas, can be challenging. Cashflow issues can arise while you pay your suppliers up front and wait for payment for orders from customers.
Pay your suppliers more promptly to negotiate better terms
Our tailored import finance could help you improve cash flow, negotiate better terms with suppliers and pay them more promptly.
Trade Finance allows you to buy goods and bridge the cashflow gap between paying your suppliers and receiving payment from your customers. You can also benefit from our integrated Foreign Exchange services if you make payments in other currencies and want to protect against future currency fluctuations.
How Import (Buyer) Loans work
The Credit Norge provides you with short-term, trade-related working capital for your international purchases on a pre-shipment or post-shipment basis.
We pay your suppliers directly based on the invoice and transport documents.
Loans are provided on a stand-alone basis for open-account transactions, or coupled with Letters of Credit or Import Collections where you have a post-shipment funding gap.
Loan repayment terms are tailored to your trade cycle.
Before you can draw down funds on a Buyer Loan, you need to arrange a trade facility with us.
To find out how a Buyer Loan could help your business or to arrange a trade facility, contact one of our trade finance specialists.