- 09 Jun
Meeting With A Trade Finance Company
We had an interesting meeting with a trade finance company today. They serve the more credit worthy end of the market, but do so without any security whatsoever i.e. no personal guarantees or other security required. This means that it will not affect your other borrowing facilities. In addition to the normal funding of imports, they can also provide a trade facility for transactions within the UK. So you could use it to pay your UK suppliers (one or many suppliers e.g. for transport, rent etc.). The pricing was based on a flat fee per month, so the cost is very simple. More details to follow.