Trade Finance Specific to the Coffee, Catering and Hospitality Trade
Financing the Australian Coffee Trade - Wholesale & Retail
This week Hudson Gray Financial Services Group announced the launch of their Coffee Trade Finance Product!
The Product Objective is industry specific and provides funding of both Wholesale and Retail Trade targeting Coffee, Catering and Hospitality.
Cafe Credit Finance aims to provide Trade Funding across the spectrum:
Retailers are provided with extended Payment Terms of up to 4 months ensuring immediate cash flow relief
Wholesalers in turn can offer extended payment terms of up to 4 months to their retail clients whilst Cafe Credit Finance pays upfront for the transaction at No Risk to the Wholesaler!
Terms and Conditions as well as Credit Assessment will apply. Funding is offered on an unsecured basis.
Benefits for Retail Traders:
4 month payment terms for supplies
Increase in cash flow from day 1
Eliminate financial stress and focus on business growth/development
Run more promotions
Enhance relationships with suppliers
Benefits for Wholesale Traders:
“We are hugely excited with the launch of Cafe Credit Finance!” said Neill van der Walt of Finance Operations at Hudson Gray. He went on to say that they believe the trade is profitable but suffers from poor cash flow in many instances. Neill is of the opinion that “with Cafe Credit Finance business owners can focus more on growing their business and less time on dealing with short term Cash Flow constraints!”
PRODUCT LAUNCH DATE: JANUARY 2015