GMAC Commercial Finance plc (GMAC CF) and Bank Leumi (UK) plc have launched new finance packages for UK importers, Total Import Finance, enabling them to fund each stage of the import process from product purchase to invoice collection.
Total Import Finance combines the long-established trade finance expertise of Bank Leumi (UK) with the significant market presence and expertise in the invoice and asset-based finance sector of GMAC CF. They are the first new products to be launched following the strategic agreement signed between the two financial organisations in June 2003. The operations combine to provide a seamless solution for importers.
The Total Import Finance package includes:
