What is Export Finance | Bibby Financial Services

Why Export Finance could be good for your business?

Export Finance is ideal if your business has customers overseas who have extended payment terms, or you experience issues collecting payments when exporting abroad.

If your business isn’t paid on time it can impact on cashflow and create a funding gap when it comes to paying your staff or suppliers, or not being able to invest in new opportunities.

We help our clients overcome the challenges of selling goods or services abroad. Our advisors are all experts in Export Finance and we have over 35 years' experience supporting businesses.

We are an experienced funder, operating in 44 locations, across 14 countries throughout Europe, North America and Asia and understand trade cycles within the UK and international markets. We also have strong relationships with the British Chambers of Commerce, Confederation of British Industry, Institute of Export & International Trade and the British Exporters Association.

We help our clients by being discrete

If you prefer that your customers are not aware of how you're funded, or if you have reliable collection practices in place and would prefer to keep your credit control function in-house, we can offer a confidential service.

This means we do not tell your customers that you are using a finance facility and you maintain the relationship with your customers, without their knowledge of our involvement. It is always our intention to act in your best interest.

When it comes to your customers paying their invoices and you choose Factoring, to keep the process confidential even though the funds are paid to us, your customers make payment into a trust bank account in your name.

Is your business suitable?

Your business could benefit from Export Finance if:

You currently sell or want to sell to customers overseas
You receive payment from customers in foreign currencies
You want to make exporting as simple as possible
Your ledger is 100% export, single country or single client

Why choose our Export Finance solution?

No limit to funding, available for international sales for one or multiple customers
Receive funding against the value of your invoices as they are raised
Quick funding decisions with a dedicated point of contact
Access to our Export Finance team with foreign language, currency, time zone, global export territories and legal expertise
Confidentiality if you need it
Optional Bad Debt Protection and Foreign Exchange services
Option to manage your account 24/7 with our client online service
We manage your credit control and sales ledger with Factoring, or you maintain control with Invoice Discounting

How does it work?

Get in touch with us and let us know your business requirements
Our team arranges a meeting with you to learn more about your business
Our specialists provide a report to our credit control team, who review your requirements and can make a funding offer
You sign the funding agreement
You send your invoices and receive payment from Bibby Financial Services