Export Finance
A totally comprehensive and flexible invoice finance export solution for
companies based in the UK. Our team in the UK will collect and credit cover
(where applicable) sales through direct collections.
We provide you with details of our credit limit decisions and allow you access to an experienced credit assessor. It always remains your decision as to who you trade with irrespective of whether or not we can set a credit limit on a specific customer.
The cost of Bad Debt Protection with Close Invoice Finance remains considerably cheaper than the main credit insurers. We provide 100% cover compared with a typical 80-85% cover offered by them. On top of that we handle all the administration that you would normally have to deal with.
Our export finance facility can also work alongside our other flexible forms
of working capital finance, at a reduced percentage of your sales ledger.
Contact Us by Email or Call us on 0800 220 257 and ask for a FREE quote.
Key Features:
- Direct collections in more than 50 countries.
- Worldwide credit cover available.
- Online Access included.
Suitability
Our export finance service suits all UK based businesses with a minimum
turnover of £250,000 where a percentage of trade occurs across international
borders as well as the UK.
The Benefits
- Open Account - flexibility of dealing with your customer on open account terms.
- International Department - in house International Department with the ability to offer direct collections and credit cover throughout Europe.
- Personal Relationship - your relationship will be with CIF in the UK. You sign one Factoring Agreement with us.
Our Charges
Our charges fall into two main categories:
- An administration fee calculated as a percentage of your sales invoices.
- A finance charge calculated against funds drawn at a rate comparable to, and often better than, your existing overdraft rate.
What Next?
