A wholesaler of smart home devices had a shipping container held at the port because they couldn’t pay the customs duties and final invoice from their Asian supplier. The goods were in demand, but their liquidity was locked in receivables.
🚧 The roadblock:
- €250K in high-margin inventory stalled
- Late delivery penalties from resellers looming
- Bank wouldn’t increase credit line due to past exposure
- Marketing plans were paused due to product unavailability
SimpelFin’s Trade Finance Cleared the Way, Fast
Within 48 hours, SimpelFin financed the release of the shipment. Repayment was only due after product sales.
✅ Results:
- Avoided €60K in late penalties
- Sold through the entire inventory in 5 weeks
- Reinforced trust with both supplier and retail clients
- Launched new bundled product offers to increase average order value
- Invested in automation tools with recovered working capital
Now they move at the speed of the market, not their bank’s.
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