Container ship

We can help you if you trade in international markets

We understand that trading with business partners overseas can be challenging. Cashflow issues can arise while you pay your suppliers up front and wait for payment for orders. Trade Finance allows you to buy goods from abroad and bridge the cashflow gap between paying your suppliers and receiving payment from your customers.   

Selling overseas presents many opportunities for businesses as well as challenges, not least to cashflow. Export Finance helps businesses that sell overseas by releasing the value of outstanding invoices while we support you by collecting customer payments. If you want to protect against currency fluctuations, we can also offer our integrated Foreign Exchange services. 
 

Export People 5

How Trade Finance can help your business

Trade financing enables you to buy the stock you need, get paid quicker than normal and ship your products sooner within the UK and overseas. By unlocking the funds you need to fulfil your orders you can remove the day-to-day pressure of purchasing from suppliers while improving your cashflow and growing your sales. Seasonal businesses or those that receive large one-off orders can also benefit from Trade Finance and trade factoring.

Trade Finance

Features:

  • Access to funding so you can fulfil existing orders and accept new ones
  • Letters of credit or Supplier Undertaking to promise to the supplier that they’ll get paid if they deliver the goods.
  • We can provide funding to pay for goods before they are shipped; either by deposit or full pre-payment (ex-works) 
  • We pay your suppliers against shipping documentation 
  • Benefit from any supplier discounts if you order in bulk or make prompt payment for goods
  • Duty, VAT and Freight paid the same day your goods arrive
  • Pay your suppliers in over 65 currencies
  • Access to our international network providing local, on-the-ground knowledge of overseas markets
  • Credit management, Bad Debt Protection and Foreign Exchange services

Benefits:

  • Speed: we can provide letters of credit within 24 hours to supplier banks, facilitating quick transactions
  • Flexibility: with flexible payment options that can be used in combination with each other, you will benefit from increased trading opportunities
  • Convenience: your suppliers are paid on the same day goods are shipped, in their currency of choice
  • Access: funding available until end-customer payment is received with supplier payments guaranteed
  • Support: we work alongside you through the trade cycle, from initial order to customer payment
  • Expertise: access to a team of dedicated trade and currency specialists
  • Personal: we get to know our clients who value our relationship-based approach and our Service Promise

Is your business suitable for Trade Finance

Your business could be suitable for Trade Finance if you:

  • Yes: are a UK business that trades with business partners here in the UK and overseas
  • Yes: want to pay your suppliers quickly and have access to cash while waiting for customer payment
  • Yes: have strong stock reporting and stock management systems

Shipping Containers

How Export Finance can help your business

Export funding is ideal for businesses that have customers overseas who often pay late or have issues collecting payments from abroad. This can create a cashflow gap while waiting for invoices to be paid. It can also help businesses who receive payments from customers in other currencies. 

Whether it is upfront funding so you are paid earlier for completed orders, cashflow to fulfil export orders, or reducing the risk of currency fluctuations, Export Finance will help you to export and grow your business with confidence. Our export specialists can also help you to overcome the complexities of selling internationally by providing language, currency, time zone and legal support.


Export Finance

Features:

  • No limit to funding available for international sales for one or multiple customers
  • Get cash against the value of your invoices as they are raised
  • Credit control service with foreign language capability
  • Confidential process
  • Optional Bad Debt Protection and Foreign Exchange services
  • Manage your account 24/7 with our Client Online service

Benefits:

  • Speed: access to cash within 24 hours and quicker funding decisions because you have a dedicated point of contact 
  • Experience: you are supported by our Export Finance team who can provide language, currency, time zone and legal support
  • Maximised funding: you benefit from our in-depth understanding of global export territories
  • Foreign Exchange support: protection against currency volatility with our integrated Foreign Exchange services 
  • Control: manage your own credit control and sales ledger with Factoring, or you maintain control with Invoice Discounting
  • Personal: a relationship based approach backed up by our Service Promise
  • Convenience: check your funding at any time with our 24/7 Client Online service
  • Security: protect against customer insolvency with Bad Debt Protection

Is your business suitable for Export Finance

Your business could be suitable for Export Finance if you:

  • Yes: you currently sell or wish to sell to customers overseas
  • Yes: you receive payments from customers in foreign currencies
  • Yes: you find the process of exporting to other countries complex and challenging

 


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Talk to a member of our team today on 0808 163 1060

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