Trade Finance for Automotives and Vehicles
We offer automotive finance options for wholesale, fleet and retail. This is whether you are a large business, individual or sole trader looking to acquire vehicles. We provide a high quality service and can assist in providing a competitive packages with cost savings.
We can assist in a range of options, such as leasing, hire purchase or asset refinancing, allowing you to unlock much needed cash flow for your business. There are many difficulties that face the industry, with macroeconomic problems; heightened fuel costs, lower margins, and unfavourable new European legislation all leading to a more difficult environment in which to operate. We can work with together to assess funding packages and provide transport finance to assist in releasing capital to help in running the business, by releasing finance from your vehicles or spreading out purchase costs.
We aim to work with you to provide the best solutions and partners; providing funding for almost all types of transport, including LCVs, HGVs, coaches, lorries, tractors and trailers.
Key commodities include:
- Buses and coaches (PSVs)
- Trucks (HGVs)
- Your business is looking for £50k+ trade finance
- You want to import or export stock and have suppliers/ buyers
- Your business is creditworthy
When a business wants to trade internationally, the exporter would typically want to be paid up front by the importer. The bank would issue a Letter of Credit
, which guarantees this payment to the exporter upon receipt of documentary proof that the goods have been shipped. This is then repaid once the importer has paid for the goods, which could be anything between 30-180 days later.
We wanted to purchase more stock using a trade finance facility so that we could aggressively grow our business and compete. Trade Finance Global was the best place to go to get very competitive rates, and a Letter of Credit was issued quickly so that we could get on and provide a great service to our customers.
Specialist Car Company, Bootle
A small entrepreneurial second-hand car brokerage based in Liverpool wanted to expand its stock. Trade Finance Global assisted with structuring a facility for the client to purchase more second hand cars and rapidly grow the business. The company went from £500k revenues the previous year to £1.2m in the first 6 months.
- No security or personal guarantee required
- Automotive and vehicle finance available even if the banks refuse finance
- Our partners get you the best rates on the market
- Fast turnaround – get automotive or vehicle finance in 24 hours
What is Trade Finance?
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Trade Finance Global
Vehicle and Automotive Finance