The spread of the COVID-19 virus throughout the world is a shock that has a significant impact on people’s live. The COVID-19 pandemic is far more than a health crisis: it is affecting trade and economies at their core.
Business management and markets are changing to unknown limits. Economic recovery depends on the return of the consumer—but shopping will never be the same, and the private sector is facing unprecedented difficulties in accessing finance at a time when it is sorely needed.
Lenders are looking to re-allocate and deploy funds towards new customer segments that are being recognized week-on-week, and that can provide a guaranteed repayment period. Venture capitalists and financial institutions are identifying normally unviable, but suddenly rewarding investment opportunities to provide urgent and timely capital. The cost of funding is reaching higher ceilings because of the reduction of offer and increase in demand.
Pacific International is working with customers to accommodate existing credit facilities to other, more flexible, more stable with innovative financing structures and less compromised assets. Cash liquidity of business shall be prevailing for longer and harder more than ever. Explore with Pacific International how new credit schemes can help to preserve your business.