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Trade finance is a tool that can be used to unlock capital from a company’s existing stock, receivables, or purchase orders. Explore our hub for more.
A common form of business finance where funds are advanced against unpaid invoices prior to customer payment
Also known as SCF, this is a cash flow solution which helps businesses free up working capital trapped in global supply chains.
BoL, BL or B/L, is a legal document that provides multiple functions to make shipping more secure.
A payment instrument where the issuing bank guarantees payment to the seller on behalf of the buyer, provided the seller meets the specified terms and conditions.
The release of working capital from stock, through lenders purchasing stock from a seller on behalf of the buyer.
This allows a business to grow and unlock cash that is tied up in future income
A tool that businesses can use to free up working capital which is tied up in unpaid invoices.
This is commonly used for trading businesses that buy and sell; having suppliers and end buyers
Technology, construction, telecommunications, PPE, and electronics
Raw materials, agricultural products, minerals, metals, and textiles
Pharmaceuticals, chemicals, and energy products
Automotive, aviation, and marine industries
Pharmaceuticals, healthcare equipment, and related sectors
Ores, minerals, metals, and concentrates
Retail stock, e-commerce, textiles, clothing, and consumer goods
Construction, infrastructure, project finance, and green finance
Construction, infrastructure, project finance, and green finance
Food, drink, dairy, confectionery, and alcohol
E-commerce, recruitment, legal services, and hospitality
Financing tomorrow's trade
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
Chief Executive Officer
Global Shipping Business NetworkBertrand Chen is the CEO of Global Shipping Business Network (GSBN), a neutral, not-for- profit consortium enabling paperless, accessible and sustainable global trade. Bertrand oversees the consortium’s overall strategy, with a mandate to serve the best interests of the industry at large and is not influenced by any agenda and tradition. Bertrand is passionate about unlocking business value in traditional businesses through digital transformation and data science. Prior to his role at GSBN, Bertrand served as the Group Data Scientist at CK Hutchison Holdings, a conglomerate headquartered in Hong Kong with global business interests spanning various sectors. Prior to this, Bertrand spent a decade on Wall Street as a trader in credit and equity derivatives for Goldman Sachs, Morgan Stanley, and Merrill Lynch in New York City and in Hong Kong. Today he brings this experience to breakdown silos between the global supply chain and the financial system which underpins it.