Import & Export Finance
If your business is either importing, exporting or both, then a First Fidelity Fund Confirming House financing package could well be the answer to your cashflow problems.

Importing
Need to import a big shipment of your best selling line and the overseas supplier requires a "letter of credit" but your bank requires extra "bricks & morter" to provide that "letter of credit"? Then you should consider Confirming House finance. First Fidelity will establish a letter of credit on your overseas supplier or in some cases if an extra discount can be gained, pay your supplier in advance or by progressive payments.

Exporting
Have a big export order, but need extra funds to complete the order and the bank said "no way"? Are you just about finished the order, but you know that payment will be delayed and you cannot cash the letter of credit until the shop sails and the bank has refused that extra overdraft for a week or so. Then Confirming House finance is for you.
Call First Fidelity Funds and discuss you funding requirements, we may have the answer for you.

 

 






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