Trade Finance made easy

Trade Finance provides funding for importers of goods from overseas suppliers into the UK. Usually, the transaction involves funding against the credit worthiness of the overseas supplier through a letter of credit, therefore allowing delivery of the goods into the UK and payment to the supplier. A sales invoice is raised when the goods are sold to the customer, which creates an advance payment of up to 90%. This provides the funds to repay the supplier finance and when the sales invoice is paid by the customer, this repays the balance outstanding on the invoice finance facility.