What is export finance?
Exporting activity often places a strain on exporters’ cash flow reserves as goods have further distance to travel, meaning the working capital that’s essential to funding new orders and growing the business is tied up for longer.
Export finance overcomes these demands, as export solutions such as pre-shipment finance and post-shipment finance cater for a range of funding requirements, ultimately allowing your business to trade without damaging its cash flow.
What are the benefits of export finance?
- Each export finance solution can be tailored to meet a business’ specific international finance requirements.
- Pre-shipment finance and post-shipment finance helps to fund exporting activity before your business receives payment.
- Funding can be advanced in the favoured currency to mitigate any fluctuations in exchange rates.
- Export finance companies will have a specialist knowledge of the overseas countries in which you operate.
Is export finance right for my business?
There are a number of export finance solutions available to help facilitate your exporting activity, while each one can be tailored to meet your business’ specific funding requirements:
Pre-shipment finance releases funding to accommodate the transit of goods before the exporter receives payment by providing up to 50% of the order value.
Post-shipment finance advances capital upon the shipment of goods, bridging the gap in the interim whilst awaiting payment.
Hilton-Baird Financial Solutions recognises that every business is different. As the UK’s leading invoice finance broker, we can assess your business’ individual needs before introducing the export finance solution that will suit your business’ cash flow requirements.
Call us today on 0800 9774833 or email email@example.com to find out more about the advantages of export finance, or get an invoice finance quote.
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