Trade Finance

Trade Finance bridges the funding gap between purchasing goods and the final sale to your customer. There are effectively two types of trade finance - Purchase Finance and Letters of Credit.

Purchase Finance

This is short term funding against a confirmed customer order. It is usually available for:

• Importers / traders looking to source and supply goods within a short time period
• Finished, identifiable goods which are non perishable
• Businesses with experience in their trade
• Predominantly for goods with high gross profit margins

Advantages of this funding are:

• 100% finance (plus duty and VAT) can be provided
• The trade financier relies on the strength of the transaction for security
• It doesn%uFFFDt affect existing funding lines

Letters of Credit

Letters of Credit are used to guarantee payment to the supplier in order to obtain the release of goods. They are available to importers and wholesalers that satisfy the following criteria:

• Where there is a written purchase order for the goods
• The purchaser can be underwritten, or credit insurance is available
• Finished, identifiable goods which are non perishable
• Businesses with experience in their trade
• Predominantly for goods with high gross profit margins

Advantages of this funding are:

• The forward order book can be turned into cash, rather than miss an opportunity
• 100% finance (plus duty and VAT) can be provided
• The trade financier relies on the strength of the transaction, the order and the quality of the ultimate purchaser
• The letters of credit do not affect existing funding lines

VISIT US - 18th - 20th MARCH 2012

© 2011 : Sterling Capital Reserve Ltd Sterling Capital Reserve Ltd Sterling House, 10 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham NG12 4DG Tel: 0115 984 9800 Fax: 0115 921 5550 Map and Directions to our Office

ANY PROPERTY USED AS SECURITY, INCLUDING YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
EARLY REPAYMENT CHARGES APPLY. A BROKER FEE MAY APPLY.

Web Design Nottingham by Whatever Enterprises