Background. Exporting and importing good tends to be more demanding, financially, than trading in the UK. Consignments are usually larger, lead times are longer and the risks are more difficult to control. Negotiating the terms of an import or export sale is a matter of balancing the risks and the costs. At the same time, companies may need to take into account the problems of handling payment in foreign currencies.

Definition. Trade Finance is a term for the provision of finance in order to enable goods to be purchased in order to satisfy an order. Finance is provided by the trade financier to bridge the funding gap between purchase and sale.

Benefits. Business Finance People has access to dedicated Trade Finance partners that specialise in helping companies achieve the growth that is so often in their potential, but beyond the scope of traditional lenders.