Export Finance

Summary: 

For customers who require pre or post shipment finance to fund business export transactions.Pre-shipment finance enables the purchase or manufacture of goods for exporting, while post-shipment finance can bridge the period between shipment of goods and receipt of payment outside of a letter of credit.

Features

Facility Amount
  • Minimum: $10,000
  • Maximum: No maximum amount
Interest Options
  • Fixed
  • At call (fluctuates in line with market rates)
  • Rates are competitively priced to purpose, term, current market and security.
Interest Charging
  • Interest is payable at maturity
Repayments
  • Fixed: Requires Principal and Interest to be paid in full on maturity date.
  • At Call: Principle reductions can be made at any stage of the facility with full payment required at maturity.
Term
  • Minimum: 7 days
  • Maximum: 180 days (may be longer at Suncorp Bank's sole discretion)
Security (Imports)

Pre-Shipment Finance

  • Minimum: 14 days
  • Maximum: 180 days

Post-Shipment Finance

  • Minimum: 7 days
  • Maximum: 180 days
Security
  • Fully secured facility with many forms of security accepted.
Currency
  • Available in multiple currencies.

All trade finance facilities are available to approved applicants only and are subject to fees and charges. Terms and Conditions also apply. Risks are involved in utilising foreign currency products and independent legal and accounting advice should be sought in relation to the risks involved and the suitability of these products for your specific needs.