Small and medium sized businesses (SMEs) are crucial to global trade, contributing around 30% of volumes worldwide. Finance is usually required to facilitate these trades, but banks reject more than 50% of SME trade finance requests. This has resulted in a devastating funding gap of $1.5 trillion USD.
Here at MODIFI, we want to push the boundaries and change the trade finance landscape for SMEs by offering the solutions they need to succeed and grow. Whether you are an importer or an exporter, our goal is to stop the paperwork, jargon and hassle of bank loans from holding back your business.
Like all great companies, MODIFI’s strengths lie in its fantastic team. We combine an experienced and highly successful C-suite with experts in trade finance from across the world. We are driven not only by the desire to make our customers happy, but by the firmly held belief that international trade is a driver of development around the world.