Trading with foreign partners can present many opportunities and some challenges. Here at Bibby Financial Services we have a product specifically designed to help UK companies’ trade overseas with as much simplicity as possible.
Our specialist export finance service is designed to give assistance to businesses supplying goods or services overseas by providing working capital against invoices that are raised.
The benefits of Export Finance
Here are some of the benefits of this service;
- you’ll be assisted by a specialist team of experts
- we help in getting your customers to pay invoices earlier
- assistance with languages, currencies and local customs
- your business will be able to free up money to make larger orders
- we’ll help you to earn early payment discounts from suppliers
- our team fund businesses selling into countries that other providers won’t
How does Export Finance work?
Export finance is designed with simplicity in mind. The process is straightforward and hassle free. The three simple steps below outline how the process works.
You invoice your customer and send a copy of the invoice to Bibby Financial Services
We’ll advance you an agreed percentage of the invoice raised. You’ll get these funds within 24 hours
When your customer pays, we’ll forward you the rest of the money due, minus our fee
The service allows your business to operate with more freedom and frees up cashflow for growth opportunities.
International Funding Experts
Our export finance team are highly experienced and ready to offer advice or help with problems at the drop of a hat. The team are international funding experts and are dedicated to keeping the process as simple as possible. If you want to discuss your business requirements with a member of the team please call 0800 91 95 92 or contact Bibby Financial Services by email.
The team consists of multi-lingual experts used to dealing with every type of currency. Experienced at trading overseas, the Bibby Financial Services export finance team can be a great benefit to those who export.
Funding for overseas trading
Here on the Bibby Blog we’ll continue to offer support for those businesses who trade with foreign partners. In the future we’re planning a helpful guide on the subject, make sure you keep checking back for more information.
With over 7,000 customers using our services successfully, we want to continue helping UK businesses realise their growth ambitions.