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Packing Credit
Why is this type of finance right for you?
- Gives you working capital to fulfil orders
- Covers all pre-shipment costs
- Lower interest rates than traditional overdrafts
Other benefits
- You have an extended, flexible finance period – usually 90 days before the shipment date
- The credit covers manufacturing costs such as raw materials and employee wages
- Supports cash flow while goods are being packed and waiting for shipment
- Simple pro-rata repayment from Documentary Credit proceeds or buyer remittance
- Credit terms can be structured to suit your business
- You can win new business by offering more competitive terms to trading partners
Other useful information and services
Next steps
- Call 2748 8282
- Visit an SME Centre
Payments and Cash Management
Maximise your cash flow while minimising your effort
- Enjoy greater convenience by paying your suppliers quickly and securely using the HSBC payments solutions
- Enhance your cash flow by receiving customer payments on time every time
Protect your business
Wherever your business takes you, our range of insurance services could be just what you need!
- Protect your business
- Protect your employees
- Instant online quote and buy
- Save up to 30% on your premiums
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