Import Finance

What is Import Finance?

Import finance allows businesses who receive orders domestically to purchase goods and raw materials from overseas suppliers without tying up their cash flow for long periods.

The delays and complications associated with trading overseas alone can be a great burden for any company, never mind the cash flow implications of selling goods on credit terms and having to pay overseas suppliers long before payment is received.

However, import finance allows businesses to close this funding gap, keeping cash flowing so they can fulfil new orders and meet other financial commitments in confidence.

At Hilton-Baird Financial Solutions, as an independent commercial finance broker we can help your business identify and secure the right facility for your requirements. Call 0800 9774833 or request a call back to speak to one of import finance experts.

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Who can use import finance?

In order to obtain import finance, you are usually required to have:

  1. A confirmed purchase order from a sufficiently credit-rated customer
  2. A track record of trading goods
  3. A minimum of typically 20% gross profit margin
  4. Goods being purchased should be ‘finished’ or raw goods in a sellable state (timber, steel, etc.)

How does import finance work?

Import finance solutions are often bespoke packages made up of different types of finance, depending on your requirements.

Facilities will typically allow you to fund up to 100% of purchases from overseas, right up until the point that your invoice is paid by your UK customer.

Solutions could also include a letter of credit, allowing you to trade with certain suppliers who require certain bank guarantees to protect all parties involved.

Some packages will also include an invoice finance or asset based lending facility, releasing cash against the value of invoices raised (and potentially other assets) to further keep cash flowing, protect it from the risk of bad debt and allow you to continue fulfilling client orders.

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Finding an import finance facility

Because of the variety of international trade finance services available to help importers maintain a healthy cash flow when importing goods, it is important that you select the right facility from the right lender to ensure your business’s funding needs are met.

With extensive experience in import finance solutions, Hilton-Baird Financial Solutions can identify which funding solution best fits your business’s needs.

Contact our team on 0800 9774833 or email to find out more about your import finance options.

We were really impressed with the speed at which we could get a facility in place. Hilton-Baird recognised and related to our situation and worked with speed and efficiency to get us up and running.

Steve Marney, Managing Director, South East Construction & Recruitment

Some of the funders we work with

  • Cynergy Business Finance
  • Lloyds Bank Commercial Finance
  • Pulse Cashflow Finance
  • 4Syte
  • ABN AMRO Commercial Finance
  • Blazehill Capital
  • Partnership Invoice Finance
  • Roma Finance
  • MaxCap
  • Time Finance
  • Kriya
  • Optimum Finance
  • eCapital Commercial Finance
  • Haydock Finance Ltd
  • Praetura Invoice Finance
  • IGF Invoice Finance
  • Royal Bank of Scotland
  • Clear Factor
  • Ultimate Finance Group
  • PNC Business Credit
  • Metro Bank SME Finance
  • Accelerated Payments
  • Tradeplus24
  • Castlebridge
  • Leumi ABL
  • Investec
  • Aldermore Invoice Finance
  • Davenham Trade Finance
  • Skipton Business Finance
  • Berkeley Trade Finance Ltd
  • Giant
  • Team Factors
  • Close Brothers Invoice Finance
  • InvoCap
  • Sonovate
  • Regency Factors
  • Nationwide Finance
  • Davenham Asset Finance
  • Merchant Money
  • Barclays
  • Santander Corporate & Commercial
  • Woodsford Tradebridge
  • Peak Cashflow

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders