Trade Finance

Trade Finance can help bridge the funding gap between paying your suppliers and receiving customer payments. We make the payments directly to your UK or overseas suppliers on your behalf, reducing the stress on your cash flow and allowing you to focus on growing your order book.
Let’s get started

Let’s get started

How does it work?

At Aldermore we understand it’s often difficult to obtain the credit you need from your suppliers, particularly when importing from overseas. Without the credit in place to buy your goods, the alternative can create a real cash flow headache for your business, as you find the cash to pay suppliers up front and then wait for weeks or even months to receive payment for the orders placed by your customers.

  1. You place your order with your supplier
  2. We pay your supplier against shipping documentation, or open a letter of credit for up to 100% of the purchase price of the goods
  3. The goods are shipped and delivered to your customers
  4. You repay the transaction, either: – Within 90 days from the transaction date – Or through one of our Invoice Finance facilities, based on the value of the invoices raised to your customers for the goods
  5. We recalculate the funds available to you after every transaction so you always know where you are.

Why Aldermore Trade Finance?

If you’re looking for a way to simplify the payment process and reduce the pressure placed on your business, Aldermore can help. We really get to understand your plans and ambitions to provide you with a finance facility designed specifically to meet the needs of your business. We can offer a standalone trade finance facility or it can be taken in conjunction with an invoice finance facility, helping you to pay suppliers upfront and gain access to funds from unpaid customer invoices. 

  • Flexible & transparent:  we’ll keep you informed every step of the way, clearly explaining how the facility will work and what it will cost
  • An expert team: our expert team handles your supplier payments for the goods, so you are able to focus on growing your business
  • A personal service: your dedicated relationship manager will be on hand to provide ongoing business support, as much or as little as you need
  • Business on your terms: access to funding, as and when you need it so that you can buy more goods and increase sales
  • Convenience: our online client portal gives you complete visibility of your transactions

Can we help your business?

Trade Finance can help a wide range of businesses in different sectors and may be ideal if:

  • You have a need for working capital to complete your purchases
  • You purchase non-perishable goods that can be easily re-sold
  • You are a limited company with a sales turnover £250k upwards

 

When you’re faced with needing to make a payment that may affect your cash flow, we can make the payment directly to your suppliers on your behalf.  Payment can be made in Pounds, Dollars or Euros, depending on where your supplier is based.  

  • Telegraphic Transfer
  • Letter of Credit
  • Supplier Undertaking

Download our guide to making your imports more profitable

International trade is a very rewarding business, but it's not without its risks, and when importing from overseas the devil is in the detail. Time pressures often mean that risks are overlooked and lessons are learned the hard (and expensive) way. That's why we've put together our handy easy-to-read guide with 5 clear steps to ensure you secure maximum profit on your imports.

Subject to status. Security may be required. Any property or asset used as security may be at risk if you do not repay any debt secured on it.