Trade Finance FAQs

Trade Finance can help you to unlock the funds you need to fulfil your orders and take the pressure off purchasing from local and overseas suppliers. This funding allows you to make purchases and pay suppliers before you've received the cash from your sale and bridge any cashflow gaps. We pay your suppliers on your behalf so you get the goods, then you repay us when you make the sale. You can also benefit from integrated Foreign Exchange if you trade overseas and want to protect against currency fluctuations.        

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 businesses that receive large one-off orders also benefit from Trade Finance.  

Our Trade Finance can provide funding of up to £10 million to import goods for both confirmed and speculative orders.  We also offer letters of credit to suppliers within 24 hours, which enables faster transactions and despatch of goods.

We can fund your duty, VAT and freight payments and we also have an FX team who can help you overcome the challenges of currency volatility by locking in future exchange rates. We also offer market-leading rates for over 65 foreign currencies so you can deal with suppliers in their own currency.
 

We have over 35 years’ experience supporting businesses. We place our clients at the heart of everything we do, and as a funder with an international presence, we support more than 12,000 businesses worldwide. We have a unique understanding of trade cycles within the UK and international market. We also have strong relationships with the British Chambers of Commerce, Institute of Export and International Trade and the British Exporter Association.

When bringing you on board we will work with you to make sure the funding you get is exactly what you need. This means that the length of time to have everything in place can vary depending on how complex your business situation is. We work flexibly, from the point of meeting you to understand your needs. Generally, we can set up a facility in  a matter of days, however this depends on the speed in which we can access the information we need.

You can call us to have an initial confidential discussion with one of our advisors or to arrange a meeting. Once we understand your specific requirements, then we can provide an indicative offer to you. Following a new business review and consideration by our credit committee we can make a credit offer to you. If you choose to partner with us, then we’ll arrange a set up meeting and can then make payment to you.

The cost will depend on which product works best for you, and the services you wish to use as part of any agreement. If you would like to request a quote, simply fill in our short form and we’ll send you the information you need.