We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get startedWe work with VoIP trading companies who buy and sell VoIP data cross border. We assist with the financing of their transactions. Many VoIP companies trade on their own balance sheet – this means that growth is slower and more difficult. We work with traders in order to structure a financing package that suit their needs.
Trade Finance Global has extensive expertise in VoIP and our customers can be confident that we are well positioned at the heart of the industry; working with a number of the best funders in the market. VoIP is seen by many as ‘tricky debt’ and not straightforward like other asset classes.
Those that we work with have an in-depth knowledge of the VoIP market and we have the ability to offer flexible finance arrangements that work with many different types of companies. We have worked with one-man companies to larger and more established VoIP traders. We see every client as unique, and try to identify what the needs of the client are; structuring a suitable financing package in order to work with them.
When a company trades VoIP in international jurisdictions, the supplier usually wants to be paid within one day (one-day post-payment) by the trader and depending on the end buyer terms (e.g. 7 net 7 or 14 net 14), the trader may be waiting a month or two for payment. When cash is used, there are gaps between receipt of payment and paying the supplier of data. In order to reduce the payment gaps, allow smooth trading and growth; a trade finance facility and/or invoice finance or factoring facility may be used.
SIC Code
Wireless telecommunications activities
Other SIC Codes that could also be used are:
The company was a growing VOIP trader but were only dealing with one end customer. The problem that the company had was their desire for diversification of risk and dealing with more end buyers. It was decided that bringing in a facility on the trade side to start, would allow fast advances in the business. VOIP finance allows the company to have confidence when dealing with suppliers and end buyers. This allows the winning and delivery of large contracts and ensuring a more solid expansion of the business.