Import Finance will help you to close the funding gap between an order from a UK customer placed on credit terms, and the payment demanded by your overseas supplier.
Import Finance eases the pressure on cashflow and takes care of some potentially complex paperwork and procedures. With Import Finance, we can fund up to 100% of your overseas purchases, including freight, duty and VAT, all the way to the point that your UK customer pays your invoice.
Import Finance – how does it work?
Venture’s Import Finance service combines
Trade Finance with Invoice Financing to pre-pay your overseas suppliers. In effect you only pay your supplier once your customer has paid you.
As part of the service, we raise and manage the
Letters of Credit (LC) with your supplier, reducing the risks associated with importing, and reducing complicated paperwork.
Import Finance with Venture takes all the uncertainty, worry and financial unpredictability out of the import equation – and can give you cashflow a huge injection, right from day one.
What’s next?
To find out more, take a look at
the benefits, or call our Import Finance team on:
0800 077 8547.
