Octet Finance Pty Ltd

OCTET has launched a Business Transaction Facility utilising a unique Trading Card that can be used for Australian trade purchases from China. The business model is unique compared to the traditional forms of business financing currently used.

OCTET is designed to have the look and feel (convenience, supplementary finance, efficiency) of a consumer credit card. It includes its own secure closed community software system that provides a purchase request/acceptance, tracking and authorisation communication facility between Buyers and Sellers.

Just like Visa and MasterCard, OCTET is a closed community communication network. Once enrolled as a participant the SME can trade freely with anyone on the network. There is no need for using inhibiting type facilities such as Letters of Credit, and security/encumbrances over property or organisations.

The key benefits include:

• It is a fully unsecured purchasing/import finance facility (THE THREE U"S - unsecured, unsecured, unsecured).
• An Interest-Free line of Credit.
• Credit Card type Convenience and Simplicity.
• Cash Rewards (personal) for every purchase.
• Secure Online transactions
• No third party (bank) involvement in the purchasing transaction.
• Renewable Credit from $50,000.
• No obligation to use.