Export Finance
Release working capital from overseas transactions, today.
We provide a product tailored to suit the financial demands of companies with overseas subsidiaries or customers. Our solution is particularly suited to trade with large foreign multinationals with extended payment terms.
Export Finance is a simple, cost-effective way to fund your reach into new geographical markets.
Why choose Export Finance?
What we offer
- Immediate release of 80% of receivable value while you wait for your customer to pay
- Bad debt protection so you’re covered for at least 90% of the receivable value if your customer defaults
- No restriction on the level of foreign sales – you choose which receivables to fund and when
- Fast decisions, fast funding, simple process
- No personal guarantees, long term contracts or additional security required
- Multiple currencies covered
How does it work?
APPLY
BUYER APPROVAL
RECEIVABLES APPROVAL
GET PAID
SETTLEMENT
Are you eligible for Export Finance?
We look for the following eligibility criteria:
- Your company is trading for >12 months
- You want funding for receivables worth $25K to $2M+
- Your company turnover is >$250,000
- You have credible, insurable buyers
A key competitive factor!
Export financing brings advantages for both the exporter and their overseas clients.
Exporter
- Get cash against receivables as they are raised
- Insured incase of insolvency of the buyer
- Can offer credit terms to prospective buyers
- Does not require security over the goods
- Avoids credit, currency or interest rate volatility during the settlement phase
Importer
- Can take advantage of competitive prices in markets not otherwise available
- Does not have to pay up front for the goods before they arrive
- Can use credit terms as a means to manage cash flow
- Safe in knowledge that their supplier is strengthened by cash up front
- Can use extended terms to place increased orders
Typically we’re financing trade in Europe, US, Canada and also various Asian territories. Our expert Client Management Team are on hand to look at your specific requirements and will quickly respond to your enquiries.
Yes, once you have customers in the US that we are happy to approve, you can finance your transactions with them to build out your market.
You’ve already received 80% of your receivable from Accelerated Payments. We’ve insured the receivable to the value of 90% so regardless of what happens with the customer, you’re guaranteed 90% of the receivable value less interest and any additional fees incurred.