We understand the intricacies and needs of food finance for both small and large food companies that focus on customers, vendors and suppliers throughout the sector.
Our team has the ability to work across the spectrum in the food industry and are dedicated to structuring a food financing package that is tailored to your individual requirements. We work to provide a number of options depending on the asset, such as finance and operating leases, hire purchase, as well as funding for asset backed mergers and acquisitions, including relocation and factory refurbishment. Our strength within the industry allows us to assist you to progress with your business.
Please note, we cannot finance perishable food stock.
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 1-6 months later.
I was helped by Trade Finance Global to access capital when the company was in desperate need of a facility. Our food distribution company was expanding and opening new accounts, but we could not access capital to fulfil the orders. We’ve been able to grow our company and can now offer more food products at competitive prices.
Guy Charles, Food Distribution Company.
Food Distribution Company, Manchester
A small company situated in Salford that distributes food to UK retail from US manufacturers was rapidly expanding. The client required a facility to expand their business and go into more retail chains; having confirmed orders that they could not finance. They were assisted with creating an import facility which has grown as the business expands.