Export Finance

Release Working Capital from Overseas Transactions!

We provide a product tailored to suit the financial demands of individual companies with overseas customers.  Particularly suited to trade with large foreign multinationals with extended payment terms.  A simple, cost-effective way to fund your reach into new geographical markets.

What we offer

  • Immediate release of 80% of invoice value while you wait for your customer to pay
  • Bad debt protection so you’re covered for at least 90% of the invoice value if your customer defaults
  • No restriction on the level of foreign sales – you choose which invoices to fund and when
  • Fast decisions, fast funding, simple process
  • No Personal Guarantees or additional security required
  • Multiple currencies covered

How does it work?

1

APPLY

Complete a simple application form. We will have you approved within 24 hours.
2

DEBTOR APPROVAL

We review and approve your customers in advance.
3

INVOICE APPROVAL

Your customer verifies their invoices for payment using our e-invoice platform.
4

GET PAID

Select invoices for advanced funding and get paid now while your customer pays later.
5

SETTLEMENT

Your customer pays into a designated bank account on due date. This account is in your company’s name.

Export Finance FAQs

Do you cover all export markets?

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.

Can I use this facility to help grow my business in the US for example?

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.

What happens if my customer defaults?

You’ve already received 80% of your invoice from Accelerated Payments.  We’ve insured the invoice to the value of 90% so regardless of what happens with the customer, you’re guaranteed 90% of the invoice value less interest and any additional fees incurred.

Contact us!

We’re open for export! We’ll examine all enquiries on a case by case basis.

A key competitive factor!

Export financing brings advantages for both the SME exporter and their overseas clients.

ExporterImporter
Get cash against invoices as they are raisedCan take advantage of competitive prices in markets not otherwise available
Insured in case of insolvency of the debtorDoes not have to pay up front for the goods before they arrive
Can offer credit terms to prospective buyersCan use credit terms as a means to manage cash flow
Does not require security over the goodsSafe in knowledge that their supplier is strengthened by cash up front
Avoids credit, currency or interest rate volatility during the settlement phaseCan use extended terms to place increased orders

What about FX?

We work with our Foreign Exchange partner, Clear Treasury, to advise and support you with all of your foreign currency requirements.

Are you eligible for Export Finance?

We look for the following eligibility criteria…

  • Your company is trading for >12 months
  • You want funding for invoices worth 15K to 2M (€/£/$)
  • Your company turnover is >500,000 (€/£/$)
  • You have credible, insurable Debtors/Buyers

Contact us!

We’re open for Export.  If you’re bringing new international customers on stream or need to facilitate new opportunities, contact us today to discuss your requirements.

Export Finance Information Update

Apply Now