We are pleased to advise that we provide Trade Finance solutions for importers, exporters, manufacturers and traders. We specialize in Commodities Trade and we are able to provide tailored trade services according to individual requirements. Trade finance, also known as transactional finance provides funding for companies to pay suppliers for the purchase of finished goods, normally against firm customer order or where there is a proven demand for the product. 

Trade finance usually co-exists alongside more traditional forms of funding like bank overdrafts, invoice discounting, LC, BG, SBLC and factoring. Trade finance or import finance can take a variety of forms from purchase finance through letters of credit to schemes funding the Vat element of exports. There are many SME, whose growth potential has been stifled as they have been unable to raise the necessary finance via traditional banking and factoring facilities but luckily there are banks and finance companies who have developed innovative funding facilities to try and plug some of these gaps with facilities available to help fund the following:-

• Trade Finance for the import of finished goods

• Purchase finance to fund the purchase of finished goods against firm customer orders and LC
  

• Purchase finance to fund the purchase of raw materials to use in the manufacturing process

At Prestige, we have a good relationship with these niche players, and know who can offer what type of funding to whom. Even more importantly our broking service can put you in touch with Asia trade banks and finance companies who are innovative enough to devise new ways to help where possible. We assist SME to create the trade facilities directly with the banks. Secondly, we are provider of bank instruments and as well as we provide Back-to-Back LC and performance Bond for exporters.

Further, we are pleased to advise that we are provider of bank instruments, for instance, Letter of Credit, Standby Letter of Credit and Bank Guarantee. We conduct discounting of instruments for clients as well.

Please do not hesitate to contact us for further clarification.

CONTACT: PAT LIM

MOBILE: +65 93801162