Thursday, November 12, 2009

Stock Financing By SwedBank

The aim of stock financing is to help companies to increase turnover and use all potential growth possibilities. Suitable for importers, manufacturers, wholesalers and retailers stock financing helps companies to purchase stocks before the existing ones are sold, thus ensuring wide assortment without any negative impact on company cash flow.

Stock financing is based on business dynamics, not only on such assets as land parcel in Jūrmala or private house of company owner. We understand the problems with are met by importers, manufacturers and traders, and know that financing of entrepreneurship is not the same as financing of purchase of a flat or house.
Stock financing is a very simple service allowing residual stock of the company immediately to turn into money and attract financing the amount of which exceeds the offered by traditional financial services by many times. Stocks only need to be transferred to trustful provider of logistics services with good reputations and financial position and pledge in favour of Swedbank.

You need not to search far. We are nearby in „Saules Akmens”, Balasta dambis 1a, and will be very responsible when you wish to know how to use this service the best in your everyday life.

Stock financing is used for financing of:
1) goods in warehouse and/or
2) import transactions.

Provisions:
Object of financing: commodity stocks
Financing: up to 85% of the value of goods
Financing term: up to 12 months

Customer advantages:
Greater amount of financing due to stock control
Possibilities to request discounts from suppliers upon purchasing greater volumes of goods
Faster cash circulation
Better competitiveness: duly deliveries of goods to customers, possibility to maintain and expand goods assortment
Possibility to handle with current assets before sales of goods
No additional guarantees