Trade Finance
A trade finance facility enables you to fund the purchase of goods from your supplier, at home or abroad, where there is a guaranteed order to your buyer.
Trade Finance Facilities, linked to an invoice finance facility, can provide:
Funding of up to 80% of the sales order value to pay the supplier;
UK and international supplier payments including letters of credit, documentary credit, supplier undertaking or direct payments;
Funding of VAT, duty and freight costs;
The buyer must be credit worthy and agree to the financiers involvement, for this you can expect an average cost of 4% of the invoice value.
There are no minimum and maximum turnover levels, you choose when to use the services, and any existing bank facilities are unaffected.
Trade finance is an excellent way to give your business extra purchasing power, or seize an opportunity.
With our useful links with specialist funders in Trade finance we can tailor a package to suit your businesses individual needs, please contact us for further information.
