Working Capital & Trade

Product sketches

Freight and contract receivables

Advances against invoiced freight, charter hire, or other contracted maritime or logistics receivables, with notice to the account debtor where required and reserves for dilution, set-off, and aging.

In-transit inventory

Selected financing of goods in transit where title, documents of title or electronic bills of lading, insurance, and control can be established to the lender’s satisfaction. In-transit collateral is underwritten conservatively.

Vendor and distributor inventory builds

Seasonal or purchase-order-linked inventory facilities for importers and distributors with a demonstrated conversion cycle and a secondary-market or liquidation path.

Bridge to a larger facility

A time-limited advance that sits in front of a contemplated mortgage or ABL close, used only when diligence is substantially complete and conditions to the take-out are identifiable.

Principles

Working-capital facilities are not a substitute for inadequate equity or for unresolved title problems. They are a way to monetize assets that already exist. Documentation is shorter than a full ship-finance package, but security and reporting are not informal.