trade finance

Trade Finance for a Department Store Supplier

30 / 09 / 22

Location: Newport, South Wales
Date: June 2022
Product type: Stock Finance
Facility Size: £340,000

A South Wales based textile business involved in the import and supply of slippers and dressing gowns to major UK departments stores needed assistance with the import of goods from China.

VB was able to put in place a £200k Trade Finance line which has subsequently been increased to £340k to ensure firm orders can be serviced.

Having seen the relationship between our client and a major UK department store we were able to assist them in fulfilling orders.

Our facility ensured that the business continues to grow and can take on increased orders with confidence.

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