Why Trade Finance?
In simple terms, Trade Finance is when an exporter requires an importer to prepay for goods shipped.
- Quick approval
- The ability to fund your stock requirements
- Offers a flexible repayment of up to 90 day terms
- Fund up to 90% of invoice
- Facility available in multiple currencies
- Improve your purchasing power with suppliers.
- Increase your credibility to trade with overseas suppliers.
- It offers you a range of payment options including : Letters of Credit, Documentary Collections and Telegraphic Transfers.
The benefits explained.
All things considered if you have the opportunity to purchase finished goods from overseas for onward sale our panel of lenders can help. Our lenders are able to fund the goods on your behalf and get the goods on the water. We are able to arrange a facility that gives you funding until your customers have paid you
A revolving line of credit is set up which can be used to pay international and domestic suppliers, in any currency. Our lenders will pay your supplier directly, then the goods are shipped to your designated address and the lenders facility then provides you with 30, 60 or 90 days credit.
Application – Four Easy Steps
Firstly – Application submitted,
Secondly – Quick approval,
Thirdly Goods shipped, payment then made to supplier,
Fourthly Client repays within agreed term,
How does it work? Three easy steps
1 – Obtain a purchase order from your customers and place your own order with your overseas supplier
2- Once the funding is approved the lender will pay your supplier and the goods will be shipped
3 – Once the goods are delivered to your end customer we repay the trade facility and advance up to 85% to you against the sales invoice.
FINALLY IF YOU WOULD LIKE MORE INFORMATION GET IN TOUCH WITH ONE OF OUR FUNDING EXPERTS TODAY www.allstarfunding.co.uk
All Star Funding Solutions Limited
2 Mount Street,
Office Tel 0161 8211478 Mobile 07771 430 740
Furthermore please find below our specialist areas:
- Asset Finance
- Business Loans
- Cashflow Finance
- Invoice Discounting
- Stock Finance
- Spot Factoring
- Credit Insurance
We operate throughout the UK but have built strong relationships in the following areas Manchester, Leeds, Liverpool, Sheffield, Preston, Newcastle, York, Chester, Birmingham, Warrington, St Helens, Wigan, Bolton, Bury, Bristol, Southampton, Cardiff,
If your business requires funding then we can help you find the solution https://www.allstarfunding.co.uk/trade-financing/