When a business acquires goods, they are often required to pay for the goods in advance of them being shipped or transported.
Trade finance enables a simple payment solution for these goods whilst also eliminating the risks involved in local and international trade transactions, such as non-payment of goods, or goods not being as was ordered.
We provide straightforward trade finance solutions to companies in the UK and in Ireland, acquiring goods internationally or domestically.
We can support your business acquire goods, pay the VAT, duty and logistics, helping you to retain cash flow for investment in other areas of your business.
A trade finance solution can also help you to negotiate payment terms and prices with confidence whilst offering up-front supplier payments and improving your buying power.
Our trade finance facility is a simple and straightforward solution to import/export finance:
1. We pay your Supplier for your goods
2. Goods are released by the Supplier
3. Goods are shipped to your Purchaser or End-user
4. Your Purchaser makes payment to us
We could not have been happier. Banks as usual were a nightmare - they took over six weeks to eventually refuse for vague reasons unexplained. White Oak UK were professional, helpful, friendly, and best of all, fast.