Scrap Metal (SIC 46770)

Scrap Metal finance facilities with Trade Finance Global

Trade Finance Global / Finance Products / Scrap Metal (SIC 46770)

What is Scrap Metal Finance?

Our scrap metal finance professionals can assist with creating large savings, improved relationships and increased cash flow by using a thoughtful finance solution.

Scrap Metal Finance

Funders can structure trade finance solutions based on import loans, letters of credit and a foreign exchange line of credit. This will mean that you no longer have to rely on a suppliers’ credit facility, which reduces your already narrow margins. A tailored financing solution will allow you to pay suppliers with cash and this will usually allow savings across many transactions due to an improved relationship and also increasing the credit that they are offered.

Products financedCopy Titles

Key metals financed include:

Trade Finance Requirements

How the transaction works”]When a customer wants to buy scrap metal, we will assist in creating a tailor-made financing solution at the best rate that is based on your individual circumstances. This is then repaid over time.

What is the SIC Code for Scrap Metal Finance?

The SIC Code for is 46770 (Wholesale of waste and scrap)

Other SIC Codes that could also be used are:

  • 24450  Other non-ferrous metal production
  • 24530  Casting of light metals
  • 24540  Casting of other non-ferrous metals


Case Study

Scrap Metal Dealer

A dealer in scrap metal based in London who sells to customers in Europe. The client wanted financing to purchase product. Trade Finance Global assisted with creating a flexible solution to help in providing further support as the business expands.

Speak to our trade finance team


  •  No security or personal guarantee required
  •  Scrap metal finance available even if the banks refuse finance
  •  Our partners find you solutions to increase trade
  •  Fast turnaround – get scrap metal finance in 24 hours

What is Stock Finance?

About the Author

Sheena is responsible for the TFG Weekly Trade Briefings at Trade Finance Global (TFG).

She loves the digitalisation of trade and is fascinated about its impact on day to day transactions.

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