Working Capital Case Study
Warehouse Facility For A Polymer Trading Company In Antwerp
A polymer trading company operating across Europe needed a warehouse-backed working capital line at the Port of Antwerp-Bruges, Belgium. The business had strong demand from converters and compounders, but sales growth was constrained by inventory funding pressure and settlement timing with suppliers.
Financely arranged a warehouse facility linked to controlled stock and receivables, allowing the client to fund import volumes without freezing operating liquidity.
The structure gave the client a repeatable funding base tied to verified inventory and turnover discipline.
Case Snapshot
| Item |
Case Facts |
| Location |
Port of Antwerp-Bruges, Belgium |
| Sector |
Physical polymer trading |
| Main Products |
Polyethylene and polypropylene grades for industrial buyers |
| Core Need |
Warehouse-backed funding for inventory build and rolling sales cycles |
| Security Base |
Controlled warehouse stock, assigned receivables, and cash collection controls |
| Commercial Goal |
Increase throughput while maintaining payment discipline and margin control |
Challenge
The client was buying on tight settlement terms while selling on short trade credit to established off-takers. The spread was healthy, but cash was tied up in stock at each cycle. Without a warehouse facility, growth required repeated equity injection and reduced turnover speed.
How We Structured The Facility
Collateral Control
Inventory held at an approved warehouse under documented control mechanics and periodic stock verification.
Borrowing Base Logic
Availability linked to eligible stock and approved receivables criteria, with clear concentration limits.
Cash Waterfall
Collections routed through controlled accounts with agreed priority for interest, principal, and release.
Risk Guardrails
Eligibility tests, margin monitoring, and reporting cadence set at closing to protect credit quality.
The main value point was not just capital access. It was capital tied to inventory discipline, which improved predictability for both lender and trader.
Result
The facility gave the client room to run larger cycles through Antwerp without overextending internal cash. Procurement timing improved, delivery planning became steadier, and working capital pressure eased during high-volume months.
Client Review
★★★★★
“We needed a serious warehouse finance structure in Antwerp, not a generic loan conversation. Financely understood the trading cycle and built a facility around stock control, receivables, and payment flow.
The documentation process was strict, which was necessary. Once the framework was in place, our team gained far better control over turnover and liquidity planning. This helped us scale volumes with less strain on internal cash.
Communication was direct, timelines were respected, and the final structure matched operational reality.”
Chief Commercial Officer, Polymer Trading Company
Disclaimers
- Client name and transaction identifiers are withheld for confidentiality and compliance reasons.
- Selected commercial terms are summarized and not fully disclosed.
- This page is for informational purposes and is not legal, tax, investment, or accounting advice.
- Financely provides best-efforts advisory and structuring services. Funding outcomes are subject to underwriting and third-party approvals.
- Each transaction is assessed on its own risk profile, collateral quality, documentation, and counterparty strength.
Need A Warehouse-Backed Funding Structure?
Submit your transaction file for a practical assessment of structure fit, control framework, and execution path.
Submit Your Deal