Trade Finance

You have a confirmed order but don't have the cash to fulfill it!
    

A Purchase Facility linked to a sales facility.

You have a confirmed order from a creditworthy customer but lack the cash to fulfil it.

How does it work?

We can advance up to 80% of the confirmed order value, to pay your supplier. We pay your supplier or open a letter of credit. You deliver the goods and we invoice your customer once goods have been delivered to and accepted by them.

We charge you between 2% and 4% of invoice values.

We collect the money from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received by us.

Sales Facility.

You want additional funding to finance single or multiple transactions with creditworthy customers.

How does it work?

You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods. You invoice Bibby Trade Finance for the goods at an agreed discount, usually between 2% and 4% of the sales price. We advance you up to 80% of the value of your invoice. We invoice your buyer for the full amount and collect payment according to your agreed terms.

We pay you the balance less our administration fees and cost of money used, once payment has been received.

Purchase Facility linked to a Factoring facility.

You have a confirmed order from a creditworthy customer but lack the cash to fulfil it.

How does it work?

You place an order for the finished goods with your supplier.

We pay your supplier or open a letter of credit. You deliver the goods and invoice your customer. You then send a copy of the invoice to the Factor who pay Bibby Trade Finance up to 80% of the value of the invoice.

The Factor collects payments from your customers and pays you the balance less their fees once your customers have paid.

How much does it cost?

We charge an administration fee of between 2% and 3% of the order value to your supplier, and a fee for the cost of money used.

Either use the contact us form or simply call us on 07899 990344 for immediate assistance.