Digital trade solutions save Aussie businesses time and money

HSBC TradePay, an Australian-first digital trade finance solution, provides companies with full control of their trade payables and reduces loan processing times to less than a minute.

An extension of HSBC’s existing suite of trade loan solutions specifically developed for companies, HSBC TradePay makes Just-In-Time financing a reality, enabling businesses to redirect cost and efficiency savings towards more productive activities.

HSBC recently completed a survey* of more than 5,000 companies across the world. When asked what form of support would be most helpful in managing working capital during the current period of trade disruption, 58% desire real-time visibility and control, while 53% choose improved payment terms with their customers and/or suppliers.

Aditya Gahlaut, Head Global Trade Solutions, Asia at HSBC said: “The current period of trade uncertainty has elevated working capital to the top of the C-suite agenda. HSBC TradePay is a game changer in a time when businesses are navigating a fast-moving trade environment and are seeking a competitive edge.

“HSBC TradePay allows Australian companies to trade with confidence, while prioritising their supplier relationships and enhancing working capital. Our clients see this as a welcome innovation in an environment of rising costs and business pressures,” he said.

The fully digital solution removes the need for manual inputs and supporting documentation, enabling companies to seamlessly drawdown trade loans to pay both domestic and international suppliers.

Specialist agri-retailer, Cotton Growers Services, became the first HSBC client in Australia to embrace TradePay, and are already realising its benefits.

Peter Rozendaal, Chief Financial Officer at Cotton Growers Services said: “TradePay has provided us the flexibility to align our cash inflows with our supplier payments, improving our finance costs materially. It’s easy-to-use and has saved us so much time and effort by removing the hassle of loan paperwork.

“In our dynamic business environment, the ability to align our supplier payments to our customers’ business cycles has been excellent.”

To find out more, visit business.hsbc.com.au.

*The HSBC Trade Pulse Survey interviewed 5,750 businesses from 13 markets with international operations and a turnover between US$50m-$2billion+. The markets included were Bangladesh, France, Germany, Hong Kong, India, mainland China, Malaysia, Mexico, Singapore, United Arab Emirates, United Kingdom, United States, and Vietnam. The research was conducted between 30 April and 12 May 2025.