TradeFlow Capital Management will provide support for commodity trade in Latin America

As the world’s first FinTech-powered commodities trade enabler focused on SMEs, TradeFlow Capital Management announced that it will mobilize capital and improve trade finance access for small and medium-sized enterprises (SMEs) in Latin America by leveraging its innovative non-lending and non-credit based instruments.

TradeFlow Capital is looking to tackle the growing trade finance gap in Latin America and advance the objectives of the International Chamber of Commerce’s (ICC) Trade Now campaign. The company plans to achieve this by empowering small businesses with the right level of financial support to execute import/export trades in bulk commodities.

TradeFlow Capital’s participation in the ICC’s Trade Now campaign has been announced during the World Trade Organization’s 2021 Global Trade & Blockchain Forum by ICC Secretary General John W.H. Denton AO. TradeFlow Capital is one of a diverse range of solutions offered through the ICC Trade Now to accelerate the provision of trade finance to SMEs. The company will provide access to short-term liquidity, ensuring safety through the ongoing economic crisis and aiding SMEs in the post-pandemic future.

“ICC is delighted to launch this partnership with TradeFlow Capital to unlock liquidity for SMEs and keep the global economy moving forward. We are confident that our partnership with Tradeflow Capital and other initiatives under our ICC Trade Now campaign will create new, tangible opportunities for SMEs everywhere,” said ICC Secretary General John W.H. Denton AO.

“We have been active in Latin America since 2019 and are well-positioned to expand our services to the Commodity Trade industry there, and in particular to SMEs, based on our extensive experience in Africa. With more than 45% of SMEs having their requests for trade finance rejected with no access to alternative sources of funding, TradeFlow is pleased to support SMEs in particular through the ICC Trade Now campaign to enable trade by SMEs otherwise ineligible for traditional forms of lending in Latin America,” said Dr. Tom James, CEO and CIO of TradeFlow.

ICC will be hosting a series of events for chamber of commerce leaders and other stakeholders in the upcoming months to help find the liquidity and mechanisms needed to bridge the trade finance gap.