A new type of funding – Export Overdrafts
This facility enables SMEs to trade overseas without many of the usual complications and financial risks.
The facility is designed for businesses entering the export market for the first time but can also be used to support cash flow needs of growing businesses who have not yet
started to export but who find their cash flow under pressure because of
delayed customer payments or restrictive supplier payment terms.
This new facility is available to start-ups and businesses in
recovery as well as more established clients and, as the process is very
straightforward, requires much less experience or administration than usual for foreign trade borrowing.
The facility is reasonably priced with has no hidden costs or long term commitment. It is flexible and can be used for one-off orders or on a regular basis, depending on the cash flow needs of the business
