Power to trade Working capital finance in the pharmaceutical industry
Power to manage inventory
Inventory prepayment means major domestic suppliers can squeeze payment terms even further. This puts considerable cash flow pressure on your business. And in this capital-intensive industry, working capital is often tied up in your supply chain. As a result, cash flow issues are common.
We give you access to the funds tied up in your supply chain. Release the capital you need to grow your pharmaceutical business with our Trade Finance and Debtor Finance solutions.
Power to close the gap
With offshore pharmaceutical manufacturing, high initial import costs and longer payment terms put extra strain on your cash flow. Our fast, flexible Supply Chain Accelerate solution gives you more time – up to 90 days – to pay. At the same time, you get to pay your supplier sooner, potentially benefiting from early payment discounts.
The bottom line is increased cash flow, more liquidity, and ultimately, less risk for your entire supply chain.
Power to manage currency volatility
Whether you’re buying from China or the USA, making cross-border payments is common in the pharmaceutical industry.
Our secure platform makes it easy to process cross-border payments with your existing debit/credit card, bank account or Octet Finance solution. Use our bank-beating FX rates to pay your suppliers in up to 15 currencies, knowing exactly what you’ll pay in your local currency upfront.
“Octet genuinely works with you to create bespoke working capital solutions that are geared towards growing with your business – both the ups and downs.
It’s time toPower your business
Get the power to grow on your terms with our supply chain finance solutions.