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.
 
Enables you to purchase goods and pay for them once they have been sold.

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.