Ores and Minerals (SIC 46720)

Ores and Minerals Trade Finance

Trade Finance Global / Finance Products / Ores and Minerals (SIC 46720)

What is Ores and Minerals Finance?

We offer flexible finance for the purchase of ores and minerals. Purchases such as these could negatively impact on your cash flow and be a strain on working capital.  However, by working with us to structure finance options you could benefit from a cash injection into your business to assist in boosting your cash flow and reduce your operating costs.

Ores and Minerals Finance

Types of Ores and Minerals we finance

Key ores and minerals items include:

  • Chromium
  • Lead
  • Mercury
  • Barium
  • Zinc
  • Tin
  • Lithium
  • Niobium
  • Copper
  • Halite
  • Pyrite
  • Calcite
  • Silver
  • Gold
  • Feldspar
  • Quartz
  • Hematite
Trade Finance Requirements
  • Your business is looking for £50k+ trade finance
  • You want to import or export stock and have suppliers/ buyers
  • Your business is creditworthy
How the transaction works

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.

What is the SIC Code for Ores and Minerals Finance ?

The SIC Code is 46720 (Wholesale of metals and metal ores)

Other SIC Codes that could also be used are:

  • 46120 Agents involved in the sale of fuels, ores, metals and industrial chemicals

Testimonials

As shipping companies are capital intensive, when the business grew, it needed support and this assistance was provided by Trade Finance Global. They helped to provide the right Trade Finance facility without providing personal security.
Robert Kinton, Shipping Company.

Case Study

Mineral Company

The move to free market pricing has increased volatility and competition. This move away from fixed-price contracts has meant that the need to secure more clients and thus increase volume is key. The client wanted financing in order to fund expansion and worked with a trade finance facility in order to do so. Access to funding has allowed the company to grow and reach new clients.

Get in touch with our finance experts. Enquire now.

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

Your Email*

Telephone Number*

Briefly, what type of stock or trade are you looking to finance?

(Marketing Terms can be found here)

trade finance, export finance, ore finance, minerals finance case study, uk trade finance, TFG, trade finance global

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

Your Email*

Telephone Number*

Briefly, what type of stock or trade are you looking to finance?

(Marketing Terms can be found here)

Benefits

  • No security or personal guarantee required
  • Ores and Minerals finance available even if the banks refuse finance
  • Our partners find you solutions to increase trade
  • Fast turnaround – get ores and minerals finance in 24 hours

What is Trade Finance?

Download our Trade and Invoice Finance Guides:

Download

Back to Top