Solutions

Trade Finance

In essence, by utilising Turners Shipping’s existing Freight Forwarding and Customs Clearing strengths as the major element and then adding the Trade Finance portion as a value-added service, the customer is provided with the ultimate ‘Start-to-Finish’ package.

We refer to our Trade Finance offering as a Start-to-Finish package because Turners Shipping manages every aspect of the process from the time the importer places an order with the supplier, to the time that the products have been distributed locally.

We pay the supplier directly, manage the port to port transport, take care of the Customs Clearing and Freight Forwarding, Warehousing and Local Distribution. The client is kept informed throughout the process and is given real-time reports generated by our integrated IT systems.

The importer receives a single invoice from Turners Shipping which is payable in South African Rands at the extended terms agreed to when the facility is granted. The advantage to the client is a process with complete financial transparency.

Clients receive a detailed costing schedule reflecting fees and charges relating to each step in the process. With this in hand, an accurate unit cost can be determined for each imported or exported item.

The overall objective is to allow importers/ exporters the time to concentrate on running and growing their own business while Turners Shipping attends to their total logistics supply chain requirements. All of this at the best possible rates!