Export Finance – fund your overseas growth
Export Finance is a great way for a business to maximise cash flow and minimise risk, if you are selling to overseas customers on credit terms. Export Finance simply releases cash tied up in unpaid invoices to your overseas customers.
The Export Finance provider will usually undertake all the credit management and collection work, taking away the hassle of working around language barriers and time zones. Bad debt protection can also be offered as an option (or maybe a requirement). Importantly, the Export Finance provider will have the ability to operate in multiple currencies and may have a local presence in overseas countries.
What is Export Finance?
Export Finance releases cash tied up in unpaid invoices to your overseas customers, boosting your working capital. The Export Finance provider usually handles all the credit management and collection work, leaving you free to develop your international business with confidence.
Features and Benefits of Export Finance
Instant cash boost
Access up to 85% cash against invoices within 24 hours.
Outsource credit control
Save time and costs by using multilingual experts with local knowledge.
Flexible funding
The funding level grows in line with sales.
Grow your business
You can expand your business into new markets with confidence
Better cash flow management
With an improved cash flow, you can focus on running your business.
Competitive advantage
You can win business by offering attractive credit terms to overseas customers.
Does Export Finance suit my business?
Your business may qualify for Export Finance if it meets these criteria:
Company registered in Ireland
Annual turnover of €500K+
Selling on credit to export trade debtors
Raising invoices in arrears
Talk to the Experts
When it comes to finding a funding partner for exporting, it’s important that you get it right. You need a lender with expertise in international trade, as well as an appetite to fully fund export debt. At Clancy Business Finance, we have extensive experience working closely with specialist export funders. We’ll assess your funding requirements and submit a funding application on your behalf to suitable lenders. We’ll guide you through the entire process, to ensure that you get the perfect funding solution to meet your exact needs.
For more information or if you would like a confidential chat, please call us on 01 438 6462 or email [email protected] or request a callback.
