About Frasers Trade Finance Solutions
What is Frasers Trade Finance for Small Businesses?
We offer tailored trade finance solutions for small businesses, providing access to a finance facility ranging from $25k to $100k.
What is Frasers Trade Finance for Large Businesses?
We provide access to a finance facility starting from $100k with our large business solution.
What is Frasers Trade Finance for Seasonal Businesses?
This funding solution is designed for businesses that experience off-peak periods. With our support, you can maximise revenue during your industry's high season and maintain stability during slower periods.
What if my business doesn’t fit into the above solutions?
Businesses don’t all fit into the same box, which is why we offer customisable funding solutions, designed to fit your unique business and its needs.
What security do I need to put up for my funding facility?
There is a minimum personal guarantee for funding up to $100k. Upfront asset security is required to access funding over $100k. This could be in the form of a charge over the applying business entity on the PPSR (Personal Property Securities Register). Frasers' prides itself on its flexible support. Security can be discussed and tailored to your individual needs.
Other Questions?
Speak to an advisorApplication process
Is my business eligible for trade finance?
We offer tailored trade finance solutions for small businesses, providing access to a finance facility ranging from $25k to $100k.
- are a New Zealand Citizen (or Permanent Resident)
- are over 18 years, own a New Zealand business (with a valid NZBN/IRD)
- minimum trading history applies
How do I apply?
Our application can be completed online in 10 minutes and one of our dedicated advisors will be in touch to guide you through the next steps.
Following our initial review of the application, we will then need more detailed company information, including 2 years of finalised financial statements, plus current financial year figures. We will also require a Personal Statement of Assets/Liabilities from the business principals.
How fast is your process?
We typically respond to enquiries within a business day. With your application approved, your dedicated advisor will work with you to set up your facility in a timely manner.
How much can I borrow?
We provide funding starting at $25k. When you apply, we evaluate various factors to assess your business's financial health and repayment capacity.
Your facility's size will depend on your business's specific circumstances.
How does Frasers pay my supplier?
Frasers can pay your supplier via a range of methods, most commonly Electronic Funds Transfer.
Other Questions?
Speak to an advisorRepayments and Fees
What are your repayment terms?
For funding up to $100k, we offer a flexible credit facility of up to 120 days. As we grow together, there is the potential for longer-term credit lines above $100k.
What are the costs and fees?
Our solutions have no hidden fees, including establishment fees, annual facility fees, or application fees.
What determines the rate that I am charged?
Our charges are based on several factors. These include the current interest base rate, the value of finance you require and the security we hold. We pride ourselves on keeping our products and fees transparent and consider all these elements to determine a rate that best fits your specific business situation.
How do repayments work?
Our facilities are for repayment up to 120 days after the date we pay the supplier on your behalf. This period generally allows goods to be imported and sold to your NZ/overseas customer who will then pay you before repayment to Frasers is required.
Other Questions?
Speak to an advisor