November 9, 2023

Freight Financing for African Exporters: The Fluna Approach

In the intricate world of international trade, the movement of goods from one place to another is akin to the lifeblood of commerce. However, this essential flow of goods often comes with a substantial cost, as companies are required to cover freight expenses upfront. Enter Fluna Freight Financing, a dynamic financial solution that empowers businesses to keep their supply chains flowing without the burden of immediate payment.

At Fluna, we recognise the pivotal role that Freight Financing plays in sustaining supply chains and enabling international commerce to flourish. Our Freight Financing solution is tailored to address the unique needs of businesses, providing them with the financial flexibility required to keep their cargo moving without constraints. In this article, we will delve into the essence of Freight Financing, its practical applications, and how Fluna simplifies this critical aspect of global trade.

Why Freight Financing?

Financing for Low-Value, High-Cost Goods

Freight Financing proves exceptionally beneficial for commodities that are low in value but incur significant shipping expenses. It ensures that even lower-value goods can reach their intended destinations, allowing businesses to participate in various markets and maintain a competitive edge.

Overcoming CIF Payment Challenges

In international trade, some Purchase Orders come with Cost, Insurance, and Freight (CIF) terms, which necessitate upfront payment for freight. Freight Financing seamlessly bridges this gap, providing the financial backing required to meet these obligations while still keeping businesses liquid.

Flexible Financing Structures

We understand that every trade cycle is unique, and sizing can vary greatly. Freight Financing offers flexible and adjustable financing structures that align with the specific needs of your business and trade cycles. No matter the size or complexity of your transactions, you can find the right financing solution for you.

Now that you know why Freight Financing is important to you, here’s why you should choose Fluna’s Freight Financing. At Fluna, our Freight Financing solution caters to the diverse needs of businesses engaged in international trade. We offer:

Upfront Funding: We offer upfront funding to cover freight costs, ensuring your goods are on the move without delay.

Flexible Financing Structures: Our financing structures adapt to your unique trade cycles and sizing, providing the right solution for your specific requirements with payment terms aligned with transaction cycles, preventing any cash flow disruptions in your supply chain.

Freight Financing for African Exporters the Fluna Way.

How to Apply for Fluna’s Freight Financing 

So, you've decided that Fluna Freight Financing is the solution you need to propel your international trade endeavours. Congratulations on taking this pivotal step towards optimising your logistics and financial operations!

In this section, we will guide you through the application process for Fluna Freight Financing. 

Transactional History: The journey to getting Fluna’s Freight financing begins when a client is referred to Fluna by a trusted freight forwarder, a key player in international logistics. Once this is done, both the client and the freight forwarder provide essential transactional history, offering a comprehensive view of the trade requirements.

Due Diligence: Fluna's team will ensure a thorough evaluation of the provided documents. Upon completion of due diligence, Fluna communicates the approval and provides the necessary documentation to the client and freight forwarder.

Funding Arrangement: Once all these are done, Fluna provides funding directly to the freight forwarder, enabling the cargo's smooth journey.

Repayments: Repayments to Fluna occur through directed receivables, simplifying the financial transaction process.

Fluna's Freight Financing is your gateway to smoother logistics, expanded markets, and prosperous international business ventures. Reach out to us today to get started -

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