Trade finance, commonly referred to as purchase order finance, gives the business the ability to finance the purchase of goods (that have already been sold to a customer) either from overseas supplier or from within the UK, to enable the sold goods to be purchased on the terms agreed with the supplier.

In many instances, the supplier will be based overseas and require a form of payment (usually a letter of credit) to be made at the time of the order with the remainder due either at the port of exit or on arrival in the UK (to the business premises). The funding allows for upto 100% of the cost of the goods, including shipping and delivery, to be financed for the period of the supply with the agreed facility being repaid through the payment of the invoice on delivery of the goods.

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