Getting the finance you need
Manage your cash flow effectively with the right productsContact us
International trade can be very profitable but the nature of working with overseas customers means that you need to be prepared with the right products and services to manage your cash flow effectively.
You may have to buy materials for an overseas order and waiting for payment can take longer which can stall the functioning of your business. There are finance options designed to help support your ambitions to trade overseas:
Pre-export finance – your bank provides a loan tailored to the length of gap between paying for supplies and receiving payment from your buyer.
Post-export finance – when your customer insists on extra time to pay once goods have been received, your bank can help with finance to protect your cash flow.
UK Export Finance (UKEF)
UKEF is a government department that helps your overseas trading opportunities by sharing short term financial risk. It does this by offering insurance against your customers’ non-payment – or providing a guarantee to your bank to back an export loan or bond.