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INTERNATIONAL TRADE FINANCE

FOR SMALL BUSINESSES

Payabill, together with BeztForex, has developed a bespoke credit offering that allows small businesses to access much needed funding, providing vital working capital solutions to enhance and grow their businesses, giving us the edge when it comes to international trade financing.

LIMITED OFFER!
FIRST 5 BEZTFOREX CUSTOMERS GET CASH BACK!
T&Cs Apply
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One of the key global contributors of economic growth amongst both developed and developing countries, is the ability for a country to import and export goods and services. It has been said that importing and exporting are two sides of the same coin as both supply customers with products manufactured outside their respective countries.

 

A country’s ability to pay foreign currency for much needed raw materials and other cost-effective goods is significantly enhanced by the receipt of foreign currency for exported goods and services. It stands to reason that a country with healthy exports will also find that the status of their Balance of Payments Account (BOP) will be more positive than countries with low exports.

In South Africa, trade finance has played an important role in keeping our country’s economy healthy and vibrant in recent years. Trade finance solutions are built to assist businesses that trade goods and materials. When there is a time lag between paying foreign suppliers and receiving payments from local customers, businesses may struggle to meet all their financial commitments due to a cash flow mismatch.

International trade finance is essentially the same as local trade financing, but as the name suggests, it deals with international suppliers.

As mentioned above, there are two sides in any trade finance transaction. A buyer and a seller. The first is the seller (exporter), who requires payment for their goods (e.g., raw material or stock). Secondly a buyer, (importer), who is procuring these items for resell or to use in a manufacturing process. A trade finance solution will settle the seller on behalf of the buyer. The buyer benefits from extended repayment terms while the seller benefits from immediate payment.

International trade financing has many advantages which can help your business in many different aspects such as:

  • Enabling businesses to potentially increase their revenue streams as each country you trade in opens up opportunities for increased revenues as well as business growth.

  • Creating a competitive advantage against other businesses that are unable to source and finance products in international markets.

  • Enabling more favourable cash-flow management as well as working capital management.

  • Benefiting from currency exchange rate fluctuations by buying at the right time and fixing costs.

  • Unfortunately, many small businesses in South Africa, cannot benefit from international trade finance solutions, as they do not meet the onerous credit requirements from the banks and other specialised firms.
     

Payabill, together with BeztForex, has developed a bespoke credit offering that allows small businesses to access much needed funding, providing vital working capital solutions to enhance and grow their businesses, giving us the edge when it comes to international trade financing.

With Payabill's and BeztForex’s International Trade Finance solution let us help you grow your business!

 
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WE CAN HELP YOUR SMALL BUSINESS 

GO PLACES!

Payabill, together with BeztForex, has developed a bespoke credit offering that allows small businesses to access much needed funding, providing vital working capital solutions to enhance and grow their businesses, giving us the edge when it comes to international trade financing.

​ADVANTAGES:
 

  • Enabling businesses to potentially increase their revenue streams as each country you trade in opens up opportunities for increased revenues as well as business growth.
     

  • Creating a competitive advantage against other businesses that are unable to source and finance products in international markets.
     

  • Enabling more favourable cash-flow management as well as working capital management.
     

  • Benefiting from currency exchange rate fluctuations by buying at the right time and fixing costs.
     

  • Unfortunately, many small businesses in South Africa, cannot benefit from international trade finance solutions, as they do not meet the onerous credit requirements from the banks and other specialised firms.

HOW IT WORKS

We offer funding lines from R5 000 to R500 000. 

Repayments are entirely flexible with 30, 60 and 90 day term options using either weekly, fortnightly or monthly payments for both trade finance and international trade finance solutions.

While, asset finance repayments are flexible from 6 months to 12 months repayments also using weekly, fortnightly or monthly terms.

Pro forma and non-overdue invoices can be financed allowing you to optimise your cashflow and buying decisions. 

 

Furthermore, your Payabill trade account revolves, allowing you to use excess funds as and when you need it!

 

We offer cashbacks at selected suppliers.

REQUIREMENTS

Our 3 main requirements when applying are: 

  • You are a registered CC/PTY

  • Annual turnover is R 500,000 or more

  • Your Company has been trading for a year or more

HOW TO APPLY

To apply at Payabill, simply go to www.payabill.biz and click on qualify now and follow the onscreen instructions. A provisional credit offer is made available within minutes of applying. The entire process is digital and seamless.

When asked which supplier referred you – please make sure to select BeztForex.

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LIMITED OFFER!
FIRST 5 BEZTFOREX CUSTOMERS GET A SPECIAL CASH BACK OFFER!
 

Payabill together with BeztForex are excited to announce a special Cash Back offer to the first 5 BeztForex customers that apply and use the facility in the month of May and June.

 

Please get in touch with us to find out more!

T&Cs Apply