Taking the complexity out of trading internationally
If you have an Invoice Finance facility with us, then we can make things easier for you if you trade internationally. Our Foreign Exchange ('Forex') service allows you to release funds from your unpaid invoices through Invoice Finance and directly convert to the currency of your choice, taking the complexity out of exchanging money.
Our international presence and extensive knowledge of overseas markets through our Export and Trade finance capabilities, allows us to support businesses trading in markets across the world.
Your business could be suitable for our Foreign Exchange service if you:
Business Foreign Exchange is ideal for businesses that export goods or services internationally who want to access cash through unpaid invoices and make sure their cashflow is stable. At the same time, with uncertainty in today’s global economy, corporate FX helps if your business works with suppliers and customers in different currencies by reducing your exposure to currency fluctuations.
Managing risks associated with exchange rates can prove extremely complex. The ability to combine funding with foreign exchange services in this way is something other non-bank funders are simply unable to do.
Michael McGowan, Managing Director FX division at Bibby Financial Services
Raise an invoice to your customer and send a copy to us. We advance an agreed percentage of the invoice value within 24 hours, minus our fee. You then request a currency exchange.
We will check your funding availability and agree your exchange rate. If you don't have sufficient funding available, this is the point you can transfer top up funds.
We will use the money from your availability and convert it to the currency you require. Payments can be made on the same day or scheduled date of your choice.
Improving your cashflow while you take advantage of overseas opportunities
Browse funding examples of our current clients
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