• Trade Credit Insurance lines of credit is one of the more easier and forms of trade credit provided by Platinum Wealth Merchant Trade.

• Platinum Wealth Trade Finance organises Trade Credit Insurance on your behalf and then uses that policy to offer to lenders who effectively “lend” against the value of the insurance policy, and limit provided to you.

• When you borrow against a line of credit, you pay interest on the amount of money you borrow, not on the available balance., of full amount you are able to borrow.

• For example, if you have a $100,000 line of credit, you may borrow as much or as little as you want up to that amount, and you only pay interest on the amount you have borrowed.

• If you carry a balance of $30,000, you only pay interest on that amount, but there is still $70,000 available for you to borrow.

 

A Trade Credit Insurance line of credit may be secured with collateral, or unsecured, depending on the risk profile of the Lender.

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