Business Daily.
.
Business Mentor
A+ R A-

How Export Finance Can Work for Your Business



If you run a business that sells to overseas customers, and need help with upfront cash flow, TIM’s export finance may be the best solution fo you. Tim Finance, in Australia, can fund up to 100% of your overseas buyers’ purchase orders, with repayment from 30 days and up to 90 business days later.

Will Import Finance Work for My Company?

If you’re running a business and need funding for any purpose – to cover working capital costs, or to simply reinvest or expand – the purchase orders you receive from your overseas customers can provide you the funds. You receive the cash directly from TIM, even if the goods have yet to be shipped or received by your overseas customers. Your overseas customers will still have the same 90 days to pay. Tim Finance can be the best solution for you, as there is no lengthy application or approval process.

How Exactly Does It Work?

If you’re experiencing troubles with cash flow, even though you get a lot of orders in, Tim Finance could be right for you. For example, you may have received a purchase order from an overseas customer, but you must still fulfill the order, pay your supplier, ship it out, and wait for your customer to pay their invoice. And multiple that by the number of overseas customers you have. Our finance solution enables you to keep the capital in your business until your customers accept delivery and pay their purchase orders. In some instances, payment terms on overseas orders can be up to 90 days, which can seem like a long time in business.

What Sort of Collateral or Security Is Required?

No property or asset collateral is required. It’s as simple as allowing TIM to manage your entire logistics, including freight forwarding and forex. You’re welcome to use our services for a specific time, but once your line of credit has been established with us, you can draw, repay, and reuse our services again. There are small fees associated with our services but they can be far cheaper than getting a business loan through traditional means.

Will My Business Qualify?

Any business that exports goods or that is being set up to export goods to sell to other businesses will qualify.

Please visit TIM’s Export Finance page to learn more about how to gain access to the capital you need right now.
Business Daily Media