Pre-shipment finance
Leverage agreed contracts to provide working capital
Exporters can find that winning new contracts puts pressure on working capital as production and staff costs increase. But if you have a confirmed order from a quality buyer, backed by a letter of credit, then we may be prepared to lend as much as 50% of the value of the contract. Pre-shipment finance is available to experienced manufacturers with a good financial track record and a firm contract to supply creditworthy finished goods on standard trading terms.
The key benefits
- Knowing that finance will be available when you need it allows you to take on larger orders and grow your business.
- Build the known cost of the facility into your order pricing.
Features and benefits
- You and your trading partners do not need to be Lloyds TSB customers, provided you have a good borrowing record with other recognised banks.
For further information on pre-shipment finance:
Talk to your relationship manager.