Tradeline Offers A Finance Solution at Crucial Moment.
Industries: Toys, Homewares and Garden Products.
Facility Limit: US $500K.
This business imports a range of homewares and children’s toys, relying heavily on eCommerce to sell the goods. Scottish Pacific were initially contacted by one the business’ finance broker to discuss how we could support overcoming a few issues.
Firstly, the client needed the import trade facility immediately, as stock was needed urgently for the Christmas period. The bank, it appeared, was unable to provide an additional credit line within the crucial timeframe.
The next challenge was to provide the supplier with payment as goods had already been shipped from China. Scottish Pacific arranged to visit the client within 24hrs of the initial broker contact, obtained relevant information directly from the client and establish a facility within 5 days.
Furthermore, our China team was able to liaise directly with the suppliers in China and offer assurance that the goods would be paid by Scottish Pacific within days.
Without Tradeline, the client would have been unable to pay for the goods despite having back orders on file.