We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get startedWe offer flexible pharmaceutical chemicals and healthcare finance for the purchase of medicines and equipment. Purchases such as these could negatively impact on your cash flow. However, by working with us to structure finance options you could benefit from a cash injection into your business to assist in boosting your cash flow and reduce your operating costs.
Key pharmaceuticals include:
Key healthcare finance includes:
When a business wants to trade internationally, the exporter would typically want to be paid up front by the importer. The bank would issue a Letter of Credit, which guarantees this payment to the exporter upon receipt of documentary proof that the goods have been shipped. This is then repaid once the importer has paid for the goods, which could be anything between 30-180 days later.
SIC Code
Wholesale of pharmaceutical goods
A growing pharmaceutical distribution company that focused on pharmacy chains in the north of England was increasing sales to look at more retailers. The client needed financing in order to fund this expansion and turned to trade finance in order to do so. Access to funding has allowed the company to expand and reach new markets.
It’s important to note that throughout the healthcare industry, especially the growing pharmaceutical world, there are many suppliers that are the source of the power that supply all of the energy to distribution companies alike. When companies like the one above needed financing, this allowed the company to continue that expansion. However, without such important factors in our healthcare sector, the smaller parts that help everything flow, operational duties would not perform as best as possible if it wasn’t for such important distribution elements.
For Healthcare companies operating within the UK, many should look to making sure their operational equipment and production tools are processing power as expected. From the types of pharmaceuticals available and to how the full financing transaction works, Trade Finance Global will ensure the structure of your finance and the options available are thoroughly conversed. Your full business and the way it runs can help you consider all elements of financial planning and we are offering excellent assistance in this area.