Classic Funding Group launches a new Trade finance solution for Australian businesses

Australia is a key trading nation, with 42% of our GDP coming from Trade. This figure has grown by a third in the last two decades. And it’s not just big business that is fuelling the growth. Increasingly SMEs are taking advantage of the opportunities that our close trading partners bring.

In working with our clients, we learnt that their working capital requirements, when trading with overseas suppliers, required some better finance solutions.

Classic Funding Group today launches Trade Finance to support Australian importers’ cash flow needs. Paul Rathbone, CEO, Classic Funding Group commented “Our solution is unique, as we tailor the finance to match the varying supplier terms. This means your business is not unnecessarily locked into fixed payment terms.”

With SMEs feeling increasingly frustrated by their traditional sources of finance, Classic Funding Group’s 25 year lending heritage and deep customer relationships, means we are the ideal partner.

“We’ve already seen considerable interest in our new Trade Finance solution” comments Gavin Judd, Head of Sales. “Adding Trade Finance to our portfolio supports our company ethos of supporting Australian SMEs across all their working capital requirements”.

For more information, visit www.classicfg.com.au or call 1300 780 895