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Trade Finance
Under trade finance (or Supply Chain Funding), we encourage you to approach your suppliers to offer them a “cash on delivery” payment option (using our money). Most if not all suppliers will offer an early payment discount. For your business you not only retain the payment terms you currently pay your suppliers (i.e. you pay tim. the amount owing based on your current supplier terms, be it 30-60+ days), but you also enjoy an increase in your GP margin being the difference between the discount your supplier offers you and the small fee charged by tim.
Why use tim’s Trade Finance?
It’s net zero cost to your business
The correct use of our funding will directly improve your business’ gross margin
It’s 100% flexible
You select the supplier(s) invoices you want paid
It’s immediate funding
Once your account is established with tim. we are Good2Pay your nominated suppliers
It’s to grow your business
With the efficient use of funding from tim. you benefit from preferred supplier payment terms