If you are an established and growing business involved in: Manufacturing; Import/Export Trading or Wholesale Distribution and your growth is being constrained by one or more of the following:

• Limited capital resources which inhibit growth potential
• Existing bank facilities inadequate - limited ability to raise more
• Supplier terms limited both as to amount and period
• Required to grant extended credit terms to customers
• Business is expanding at a faster rate than capital and credit facilities will permit (commonly referred to as overtrading)

Then our Trade Finance facilities can provide the solution!

What is trade finance?

Trade Finance is essentially used to fund the purchase of Inventory and Raw materials of businesses involved in Trading, Wholesale Distribution and Manufacturing Finance is suitable for both Import and Local purchases

Finance takes the form of:

• Letters of Credit to cover importation
• Payment Guarantees to local and overseas suppliers
• Direct payment to suppliers including advance payments and deposits

Benefits:

• Payment to your suppliers is assured
• Improves the creditworthiness of the business
• Opportunity to negotiate better pricing and settlement discounts
• Extended terms can be taken to match the trade and cash flow cycle of the business
• Creates additional working capital - increases business capacity
• Alleviates cash flow constraints
• Trade Finance unlocks the value tied up in existing assets
• The facility is revolving and flexible and can be structured to meet specific requirements of the deal
• Effectively allows access to more funding if revolving period is shortened

Over and above all, the greatest thing we offer our clients is access to endless opportunity. - Lombard Insurance Group

Access

A far more “business minded” approach to conventional lending.

Small and medium business is exceedingly driving the growth and development of South Africa. However, growing opportunities come hand in hand with the added risk factors of a complex market environment. To this end, many young and developing enterprises are beginning to find traditional bank finance no longer sufficient for their highly specialized, individual business needs.

Enter Lombard Trade Finance. A far more “business minded” approach to conventional lending.

We offer innovative solutions to raising additional working capital - the lifeblood of any growing business. Insufficient equity and suitable collateral are no longer a problem for a business that is ready to take on endless possibilities.

Expertise

Lombard Trade Finance is a brand new addition to the Lombard Insurance Group.

But our tradition remains that of employing only the services of individuals who have extensive knowledge and experience in a wide range of industry sectors to head up any division of the Lombard Group.

Expect invaluable assistance and insightful advice which goes beyond the clichéd “financial partner” when consulting with us for Trade Finance.

Our collective expertise especially covers money matters in the shipping, import and export, construction, textiles, as well as other wholesale and manufacturing sectors.

Expand

Often, great opportunities are brilliantly disguised as impossible situations.

With the right amount of working capital at the right time, your business never misses an opportunity to take action.

Take advantage of our comprehensive financial solutions. Fund the purchase of Inventory or Raw Materials for your business without any delay.

Lombard Trade Finance offers:

• Establishment of Letters of Credit
• Payment Guarantees to local and overseas suppliers
• Direct payment to suppliers including advance payments and deposits

Benefits and Advantages for Your business

• Assured payment to your suppliers
• Improved creditworthiness
• Opportunity to negotiate better pricing and settlement discounts
• Option of extended terms to match your trade and cash flow cycle
• Creates additional working capital – increases business capacity
• Alleviates cash flow constraints
• Trade Finance unlocks the value tied up in existing assets
• Revolving and flexible facility – can be structured to meet specific requirements o f a deal
• Effectively allows access to more funding if revolving period is shortened

Exposure

Life is either a daring adventure, or nothing.

Take every opportunity to be exposed to every aspect of your business environment. With every success, comes more opportunity, comes more growth.

Excess

Excess funds. Extra functionality. Endless Opportunity.

No more:

• Limited capital resources
• Inadequate bank facilities
  • Letters of credit that tie up facilities
  • Restrictive security and collateral requirements imposed
• Limited supplier terms as to amount and period
• Obligation to grant extended credit terms to customers
• Overtrading issues – capital and credit limitations will not impede expansion of your business

Extend

Access. Expertise. Expand. Exposure. Excess.

Our Trade Finance service and facilities are designed to extend the scope of your business.

Come to us if you:

• Are involved in manufacturing, wholesale distribution or import/export distribution
• Have been in existence for a minimum of two years
• Are solvent, with an equity and asset base sufficient to provide adequate collateral security for the facility sought
• Are trading profitably and clearly demonstrate growth potential
• Have sound management with business expertise and clear credit records