Finance Facility
The GoReefers finance facility consolidates, verifies and pays an exporter’s logistics suppliers, and supplies operating capital to bridge the gap between shipping costs going out and export proceeds coming in.
About Finance Facility
Exporters often carry the cost of moving their product long before the sale proceeds come in. Transport, storage, port and freight costs all need to be covered while the shipment is still making its way to market.
GoReefers helps simplify that process by consolidating supplier invoices, checking them against shipment records and settling them through one reconciled account.
Where additional working capital is needed to bridge the gap between freight costs and payment, an operating finance facility can provide the support needed to keep the export programme moving.
What's included
Finance Facility from GoReefers covers the following.
Each item is delivered by the same team, using the same shipment record.
Consolidation, verification and payment of suppliers
Supplier invoices gathered, checked against the shipment record and settled, producing one reconciled account per client.
Supply of operating capital
Working capital to bridge the gap between logistics costs being incurred and export proceeds being received.
FINANCE FACILITY:FREQUENTLY ASKED QUESTIONS
What is the GoReefers finance facility?
It is a service that consolidates, verifies and pays an exporter’s logistics suppliers, and can supply operating capital to bridge the timing gap between shipping costs and export proceeds.
Why would an exporter use a logistics finance facility?
Because export cash flow runs backwards — transport, storage, port and freight costs are incurred before the fruit is sold, while proceeds arrive well after the cargo has moved.
Does GoReefers verify supplier invoices before paying them?
Yes. Invoices are checked against the shipment record before settlement, which is what makes a single consolidated account possible rather than a stack of unreconciled ones.
