Trade Finance explained

Trade finance is an important external source of working capital financing. It is a form of short-term credit typically used by companies that export or import goods.

Have the facts before you apply
Trade finance is an important external source of working capital finance. It is a form of short-term credit typically used by companies that export or import goods. It is relatively easy to secure short term finance, if you have a string trading record, secured against good or backed by an insurance policy.

There are a number of banks and specialist finance providers on the Finpoint funder panel that offer trade finance across the world.
Advantages of trade finance
Advantages include:
  • a relatively easy way to arrange short-term finance
  • it helps business to focus on growth activities
  • the finance is typically secured against the goods or backed by an insurance policy
  • Disadvantages of trade finance
    Disadvantages include:
  • it is usually based on having a good track record in terms of operations and repayments, and therefore less accessible for new companies
  • it can become very expensive, if payments are not made on time
  • Borrow
    From £1,000 to £1.5 million or more
    Terms
    From 1 months to 2 years
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