Trade finance assists importers and exporters access up to 100% of the purchase costs of finished goods against confirmed purchase orders.
Trade finance is a transactional agreement is one whereby funding is provided to assist an Importer to purchase a large consignment overseas for ultimate delivery to a U.K. Customer. The Finance is provided to assist in raising of a documentary credit for the initial purchase. The finance can be provided through the transaction up to the ultimate receipt of the monies due from the customer.
Funding can also be provided to exporters with similar to that of importers but in reverse. Credit insurance can be included for the protection against possible bad debt.