International Trade Finance
International trade is vital for many businesses. Although it offers many growth opportunities for companies, it can also bring a world of hassles and headaches. Suddenly you’re contending with language, distance, transport and delays, not to mention regulation, currencies and cultural differences. There’s also the working capital hurdle to overcome.
If you are trading overseas, having the right funding partner is vital. You need a funder with expertise in International Trade, so they can help you meet the challenges of global trading. These specialist funders can work in multiple currencies and manage issues such as cultural and language barriers.
Whether you are an Importer or Exporter, there’s a wide range of International Finance options available, so you need to evaluate which one will work best for your business.
Import Finance provides Importers with a funding facility to pay overseas suppliers. The funder may provide Letters of Credit facilities or pay suppliers Cash against Documents.
Purchase Order Finance is a great option for any business that is looking to fund pre-sold finished goods. It is ideal if a business wins a large order and needs to pay suppliers upfront.
Supplier Finance (Stock Finance) provides a business with finance to pay suppliers for stock and raw materials. It is ideally suited to financially strong companies.
Export Finance releases up to 85% cash tied up in unpaid invoices to overseas customers. It’s a great way to maximise cash flow, and you can minimise the risk by including Bad Debt Protection.
When it comes to choosing the right funding partner, make us your first port of call. We work closely with lenders who specialise in International Trade. Chat to one of our Trade experts and find out how we can help you find the best International Finance partner, so you can concentrate on reaping the rewards of global trading.