When you apply for Trade Finance, we will assess your application and approve it based on your individual circumstances. Generally speaking, buyers and sellers who qualify need:

• To be domiciled in Australia
• Around AUD 2 million+ turnover
• To have been profitable for the last two financial reporting periods
• To have a positive balance sheet net worth
• A minimum of two years' healthy trading record

Before extending our trade finance facility, Corporate Alliance Finance conducts a credit checking procedure. Rest assured, our credit assessment process is speedy and efficient.

We do not take title over your goods or any security against yourself or the business. For specific terms of the loan, we may ask for a personal guarantee.

We require financial information to properly assess your business. This may include:

• Full two-year financials
• Monthly or quarterly management accounts
• List of aged debtors and creditors
• ATO portal - Statement of Account (SOA)

We may request additional documents for ongoing financial monitoring.

We offer credit lines of up to A$250,000 that can be used to fund invoices of any value within the funding limit. The credit period depends on your individual circumstances; we can give you up to 60 days interest-free from each funding date to repay us.

Of course! Our credit facility does not conflict with your existing banking and finance relationships. You can still use Corporate Alliance Finance even if your business has already borrowed from a bank. If more appropriate, we could even replace your bank (especially since we do not require any property as security). Using Corporate Alliance Finance also does not prevent you from borrowing money from other sources. Quite often, a business will use Corporate Alliance Finance in conjunction with a business overdraft or other debt facilities.

Yes, provided they meet our supplier criteria and are not related business entities (i.e., shared ownership). Once approved, our facility can be used to make both international and domestic payments immediately. We can pay for up to 100% of your supplier’s invoice value and also cover any freight and transit costs. No deposit is necessary. Simply pay it back to us based on the agreed terms.

Once you have submitted all the required information, the process usually takes between one to two days. If you are an existing client with Corporate Alliance FX (CAFX), it can take as little as 24 hours for you to receive the approved funds, provided you have submitted your completed account application form and security documents. If you are a new client, the process usually takes between one to two days from when you submit your completed account application form and supporting documents for us to assess your application and approve you on the Corporate Alliance Finance platform. As soon as you are approved, you will have access to the approved funds in your Corporate Alliance Finance account, ready for you to use.

The cost of trade finance is determined by the loan terms you require and are approved for. Funding costs are charged through an FX margin at drawdown. This allows us to give you interest-free repayment terms. For detailed information, please refer to our Trade Fees & Charges PDF guide.

Yes, however, while a single funding facility may help initially, it is a band-aid solution. It does not permanently resolve cash flow issues or help your business when funds are required for future supplier orders. Whether it is offering access to additional funds or helping you tackle those cash flow challenges, our goal is to promote continued business growth.

A funding limit functions as a revolving line of credit, enabling you to conveniently settle payments to suppliers and other creditors. You'll be able to borrow repeatedly up to your funding limit while repaying simultaneously.

Get in touch with one of our experts directly on (02) 9006 8888 to discuss your business needs so we can determine the right solution for your business.