Trade Finance for Wholesale - Get a Quote
Trade finance for wholesale is an essential financial solution designed to bolster the UK SME sector, particularly those engaged in wholesale operations. This product facilitates smoother cash flow, risk management, and the seamless execution of trade transactions. By providing capital upfront to pay suppliers, businesses1 can defer payments until goods are resold, ensuring uninterrupted trading cycles. Common applications include supporting businesses purchasing bulk wholesale goods, thus enabling competitive readiness and growth in international and domestic markets.
- Quick and easy application process
- Loan disbursed within 24 hours
- No additional charges for early repayment
What are the benefits of Trade Finance for Wholesale?
The primary benefits of trade finance include improved cash flow management, reduced currency fluctuation risks, stronger supplier relationships, and enhanced market reach. For SMEs, the ability to borrow between £25,000 and £10 million means considerable flexibility in operations. Approval processes ranging from 1 to 4 weeks and attractive rates between 1.5% to 7% per annum offer additional advantages2. These tailored features ensure businesses can scale effectively, maintaining robust supply chain dynamics.
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What are the different types of Trade Finance for Wholesale?
Import Finance
Import Finance is tailored for SMEs with proven import histories and secure buyer contracts, offering amounts from £50,000 to £5 million over 3 to 18 months. This option facilitates the importation of necessary wholesale goods.
Export Finance
Designed for UK SMEs engaging in exports, Export Finance supports transactions between £100,000 and £10 million. With terms from 3 to 24 months, this product ensures large orders are fulfilled without cash flow interruptions.
Supply Chain Finance
Supply Chain Finance aids SMEs in managing invoices and securing early payments due from creditworthy buyers, with loan sizes from £25,000 to £3 million for 1 to 6 months.
What is Trade Finance for Wholesale?
Trade Finance Application Process
The trade finance application involves submitting comprehensive financial records, trading histories, and buyer information. Decision times vary due to the complexity of each transaction, generally spanning 1 to 4 weeks, and we are well-equipped to manage this process efficiently, ensuring you access funds promptly6.
Regulatory and Compliance Standards
Trade finance in the UK is governed by stringent FCA regulations, including AML and KYC requirements. Our expertise can guide you through these compliance necessities, safeguarding your operations from potential legal pitfalls7.
Borrowing Capacity and Rate Factors
The amount you can borrow depends on your business's trading history, creditworthiness, and trade contract value. Rates, typically between 1.5% to 7% per annum, are influenced by transaction size, perceived risk, and borrower credit standing. We offer competitive options tailored to these factors8.
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