US$715M+
Capital Deployed
Singapore · Commodity Trade Finance
Capital where the world’s commodities move.
Altrus Capital Partners provides secured, short-tenor financing to commodity traders across Asia’s supply chains—built on disciplined origination, robust security, and an uncompromising focus on capital preservation.
911
Transactions Financed
100%
Repayment Record
~70
Day Average Tenor
What We Do
Financing the real economy, transaction by transaction.
We lend against identifiable goods in transit—not balance sheets or speculation. Every facility is self-liquidating, secured over the underlying cargo and its receivable, and structured to repay from the completion of a genuine trade.
I
Secured Lending
Short-tenor facilities collateralised over cargo, documents of title, and trade receivables—with cargo insurance as the primary line of protection.
II
Structured Discipline
Advance ratios sized conservatively to net worth and collateral. Payment mechanisms hierarchy from confirmed letters of credit through to documentary collections.
III
Active Monitoring
Co-signatory control over collection accounts, real-time shipment tracking, and early-warning triggers that protect capital before risk crystallises.
Our Approach
Conviction comes from structure, not optimism.
A five-year, fully-repaid track record is not an accident of market conditions. It is the output of a repeatable process: rigorous counterparty diligence, conservative collateral sizing, and security packages engineered to perform under stress.
- Self-liquidating exposures tied to identifiable, insured cargo
- Sanctions, KYC and AML screening aligned to OFAC, EU, UN and MAS standards
- Loss-payee status at open-cover policy level as Security Agent
- Fraud typology screening across premeditated and distress-driven patterns
How a Facility Works
From origination to repayment.
01
Origination
Counterparty and trade screened against our credit and sanctions framework.
02
Structuring
Advance ratio, payment mechanism and security package set to the risk.
03
Drawdown
Funds released against a utilisation request and the agreed conditions.
04
Monitoring
Cargo, documents and collection account tracked through the trade cycle.
05
Repayment
Proceeds settle the facility on completion—short, clean, self-liquidating.
Why Now
An asset class built for this market.
Commodity trade finance earns from the economics of physical trade—not from market sentiment, duration, or benchmark beta. Three structural forces make it compelling today.
01
Absolute, uncorrelated return
Returns are built additively as SOFR plus a credit spread set by transaction risk, with no duration and no mark-to-market. Because the return driver is physical trade, performance is decorrelated from equity beta and rate cycles—and the spread does not compress when rates fall.
02
A structural financing gap
Basel III and IV and the 2020 commodity scandals pushed banks out of the mid-market permanently, while geopolitical realignment redirects trade into corridors banks are poorly positioned to serve. The result is an estimated US$2.5 trillion global trade-finance gap—widening, not closing.
03
A proven, ready strategy
Capital deploys into an established origination approach—current borrower relationships and documentation templated from 911 prior transactions—rather than a standing start. The discipline that produced a zero-loss record is already in place.
Where We Operate
Across the diverse commodity complex globally.
From energy and grains to metals and industrial materials, we finance the physical flows that move through global supply chains—each with security and structure suited to the cargo.
MetalsSteel & refined metals such as copper, aluminium, nickel, tin
Grains & SoftsAgricultural flows from producers to consumers
EnergyCrude, refined petroleum, LNG, LPG, biofuels, thermal coal
MiningMetal ores, concentrates, critical minerals, metallurgical coal
IndustrialsPetrochemicals, bitumen, base oils, cement, clinker, limestone
LogisticsContainerised & break-bulk movement
Leadership
Run by the people who built the record.
The same practitioners who originated the track record lead the firm today—backed by a dedicated transaction and monitoring team.
Insights
Commodities & geopolitics, decoded.
Practitioner perspectives on the forces moving physical markets—trade flows, policy, and the structures that finance them.
Markets · Primer
What commodities are—and why they hold up the real economy
From cargoes to inflation, rates and equity multiples—how raw materials anchor the global economy.
Read →
Trade Finance
The payment mechanism hierarchy: where real protection lives
From confirmed letters of credit to open account—reading risk in the settlement terms.
Read →
Risk
Two faces of trade fraud: premeditated versus distress-driven
Why Agritrade and Hin Leong demand entirely different detection mechanisms.
Read →
Global Reach
Financing trade wherever commodities move.
A Singapore base, an Asia-Pacific focus, and counterparties across the world’s major trade lanes.
Investor Enquiry
Disciplined access to a resilient asset class.
We work with institutional allocators, family offices and qualified investors seeking secured, short-duration exposure to commodity trade finance.