How Australian Exporters Can Close the Payment Gap
I read an interesting article the other day on smart company (www.smartcompany.com.au). It talks about currency fluctuations overseas and the effect this has on SMEs.
[blockquote]”I advise small businesses to undertake other strategies such as working out what their payments are, and getting payments upfront,” Slavinskis said, naming 50% as an appropriate amount. (Smartcompany.com.au)[/blockquote]
Here at AR we understand the pressures on Australian Exporters and the time it takes to get paid, which also adds to the stress of a fluctuating currency. We can help by offering export finance so that as soon as goods are accepted by their overseas customers ,we can pay them an advance up to 90% of the value of their unpaid invoice to most countries.
Add to this we are backed by one of Australia largest trade credit insurers and can protect them against any potential risks of their overseas customers not being able to make payment on any orders.