Andrew owns a food products company which imports frozen seafood to large supermarket chains in Hong Kong.
Taking advantage of the rapid development of online purchasing platforms in recent years, Andrew's business has grown rapidly and have gradually attracted more larger buyers from different channels.
However, more channels and higher stock level means higher pressure on his working capital, his cash flow was greatly affected and the sales capacity reached to a bottleneck.
With the seller trade financing solution provided by iNstockEC, Andrew can obtain up to 90% of the invoice total upfront within 48-hour approval so that to provide sufficient liquidity for the business growth.