EXPORTING FINANCE

Exporting represents a fantastic opportunity for the UK’s SMEs to grow their sales and reach new customers. It can, however, be financially challenging at first, with less control of stock, the potential impact of currency fluctuations and the ability to collect debts more stretched.

In this section, we’ll detail the challenges faced when exporting and how international trade finance can help you get started.

CHALLENGES OF INTERNATIONAL TRADE FINANCE

When faced with any new international contract it is important to look at the risks you may be exposing your business to.

The first thing to do is to check your terms and conditions on which you’ve agreed in the contract. Once it is clear what you have agreed, and still make a profit, the next stage is to work through a tight schedule of times that you need to adhere to, to ship and get paid.

Once this schedule has started your business will certainly find itself stretched to in terms of cash flow and this is when trade finance options are used.
Whether you are looking to manage a tight cash flow situation, or a longer-term ambition to grow into new markets finance may become another additional cost to your international sales.

Over this Knowledge Zone, we try to explain some details about what options are open to you and how to use them. Of course, any of our SIITACE experts will be happy to help explain in more detail.

EXPERT INSIGHT

Understanding export finance

Analysing six key reasons why you may need to raise additional funding to support export activity.

Trade credit insurance

What is it, how do you know when you need it and how do you access it if you do?

Finance considerations

A checklist to understand the time scales and cash flow implications of an export order.

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The inaugural Summit for Independent International Trade & Customs Experts has come to a close. SIITACE wishes to express its gratitude to World First

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OUR PARTNERS

SIITACE is a membership organisation run BY Independent International Trade Specialists specifically FOR Independent International Trade Specialists.
Our directors and members have many years of active experience of global trade. Our membership covers all aspects of overseas trade including business support, sales and marketing, customs, tax & vat and logistics.


As a non-public sector organisation, we are not motivated to achieve targets. Consequently, we have the freedom to offer impartial support and advice to our members and the wider international trade sectors.

Go Exporting
International Trade Matters
LimeTree
Customs Manager
ITSG
Export Bootcamps

OUR PARTNERS

Go Exporting
International Trade Matters
ITSG
Export Bootcamps
LimeTree
Customs Manager
SIITACE is a membership organisation run BY Independent International Trade Specialists specifically FOR Independent International Trade Specialists.
Our directors and members have many years of active experience of global trade. Our membership covers all aspects of overseas trade including business support, sales and marketing, customs, tax & vat and logistics.


As a non-public sector organisation, we are not motivated to achieve targets. Consequently, we have the freedom to offer impartial support and advice to our members and the wider international trade sectors.