International Invoice Finance
If you are purchasing goods from overseas or within the UK, you need to have the cash flow available to purchase the goods in the first place. Trade Finance ensures you have the funds when you need them by paying your supplier for you. Your supplier can be in the UK or overseas as can your customer.
How Does Trade Finance Work?
You receive an order from your customer and source goods from your supplier. Your supplier invoices you and ships you the goods. Full payment is made to your supplier and you supply the goods to your customer. You send your invoice to your customer for payment as normal but also to your finance company, and they will release the difference in cash to you that are above your suppliers invoice.
Your Trade Finance Company can then chase the invoice payment and once it’s been paid, you will receive any amount outstanding less fees.