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Vectra Bank can finance[cite::283::cite] your purchase of inventory by paying your supplier directly on your behalf. Or we can reimburse you for payments you have already made, so your company does not have to deplete its cash reserves.
We can finance your trade cycle for up to 180 days from the date of our advance to the date you collect payments from your customers. This is an excellent option for manufacturers, distributors or wholesalers that make purchases overseas as well as domestically.
With a wide range of solutions, our experienced international trade finance specialists can work with you to recommend the most appropriate options to improve your cash flow and grow your business.
Businesses work hard to negotiate international contracts, so that nothing is left to chance. The final price shouldn’t be overlooked, either.
For questions or to learn more about Vectra Bank’s Trade Payable Financing, please contact Mark Garfield or complete the form below.
Senior Vice President, Regional Manager, International Banking
Vectra Bank has a department dedicated to providing foreign currency and trade finance options for business clients.