A Trade Finance House funds the purchase of goods from suppliers in the UK or overseas on your behalf.
- Can be used to fund new suppliers
- Can be used to fund substantial orders
- F.H. will assist with documentation when importing or exporting
- Can be linked to an I.F. facility to reduce overall costs
A Trade Finance agreement is useful where you may be dealing with new suppliers or substantial orders from your existing customers. For the majority of the funding they are providing, the Trade Finance House would need you to have confirmed orders from credit worthy customers. Often this service is linked to Invoice Finance to create a comprehensive supply chain solution. The provider will assist you in managing the whole process including paying freight charges, import duty and VAT.