Step 1 - You inform GE of the need to purchase goods

Step 2 - We issue a Letter of Credit and take control of the stock by paying the supplier.

Step 3 - We raise a Bill of Exchange, accepted by you.

Step 4 - You deliver the goods and invoice the customer

Step 5  - You pay GE the value of the Bill of Exchange.

We will finance up to 100% of the purchase value of goods.
 
Revolving facility with credit periods up to 60 days.

Letters of Credit with a maximum validity of six months are available.

Works well for businesses that source stock in trade from overseas.

Opening Letters of Credit with suppliers will help your company maintain a good trading reputation via guaranteed payment.

Enables you to improve profit margins.

Assists with seasonal funding requirements.