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The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted in the vehicle finance market regarding Discretionary Commissions. We want to inform our customers that at the time of the announcement and before, Anglo Scottish Asset Finance acted as a broker, not a lender. We are now a broker and lender. If you believe you have been impacted by this issue, please contact your car finance lender. For further information, please click here

The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted

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Trade Finance

 

Trade finance is, simply put an all-encompassing solution to filling in any gaps between shipping products and getting paid.

Sometimes called purchase order finance or import finance. Trade finance loans are flexible, short-term borrowing facilities, linked to specific import or export transactions.

Trade finance can be used by wholesalers, distributors, or importers, to close the payment gap at the beginning of the sales cycle.

How does Trade Finance work?

Trade finance generally works on a confirmed order basis. If you’ve have received a purchase order from a customer, trade finance enables you to buy the stock or inventory you need to fulfil that order, meaning the goods can be shipped as soon as possible, and you will receive the cash before your customer has paid.

Whether you are if you’re importing or exporting, we could help your business access trade finance, and enable your business to grow.

Need help? Call us on 0191 410 4776

CASE STUDIES

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Running a small business is like managing a football club in a World Cup year: the budget is tight, key people are unavailable, and your overdraft is covering every position on the pitch. It is exhausting, and trying to play every role yourself will eventually catch up with you. To stay competitive, you need a balanced squad where each financial tool has a clear role. Let’s take a look at the team sheet and see which commercial finance products deserve a starting spot in your small business

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From Range Rovers to Rotavators We finance 99% of requests. We can finance it.

Call 0191 410 4776Us