We provide a better and faster alternative international trade finance solutions compared to the banks. We take the time to learn about your business and its needs. We then work to offer you the best finance solution your business needs to succeed. Talk to us today and learn how we can partner you in your business success.
Trade Credebt® Finance
It can be difficult to access the funding a business needs to be successful.
Unique and highly specialised transactions often have compelling business cases. The same, very specialised nature of these businesses is what makes them difficult to fund.
That is where Trade Credebt® makes the real difference.
Unlike a bank or traditional lender, we are traders, just like you. We may not understand your business sector, but we understand international trade. We understand trade risk and the value of real, inside market knowledge.
Asset Finance uses the value of the assets of the business to access finance. It is flexible and can provide an easier way for the business to access working capital. Asset finance can be used to finance growth, pay staff or suppliers. It is ideal for companies who wish to maintain credit lines and don’t want to access further bank facilities.
Our Asset Finance facilities enable growing companies to flourish. Talk to an advisor today to see how we can help.
International Trade Transactions
Going to market with strong financial support gives a powerful commercial advantage. Having the financial capacity to order in bulk and demand trade discounts can significantly improve the bottom line. Use the Trade Credebt® platform to capitalize on your knowledge and experience.
Transactions Of All Types
International trade opportunities are wide and varied. Some of our clients are engaged in sourcing and selling heavy plant and machinery. Others specialize in commodities such as metals, ores, dry bulk, fuels and livestock. Finished goods, medical equipment, PPE and electrical goods are also regularly funded using Trade Credebt®.
We understand international trade thoroughly. Our experience in Bills of Lading [B/L], eBills of Lading [eB/L], Letters of Credit [L/C], Bank Guarantees and Revolving L/Cs will ensure your transactions complete successfully.
Trade Credebt Briefs
“With 25 years’ experience & no one would fund my business.”
Wood Cargo To China
Having worked for 25 years in the wood industry, this client wanted to open his own business. With years of experience and deep commercial knowledge of every step in the supply chain. His business plan was credible and his growth plans were significant.
To get started, he needed to fund his first shipment to prove the business model. It was frustrating because his Chinese customer was prepared to issue a letter of credit for this first transaction. Trade Credebt® was able to support him with the technical aspects of the deal and provide the finance he needed when no one else would.
"I knew the people. I knew the business, but I couldn't finance the whole trade."
Manganese Ore To India
A city metals trader, with 20 years’ experience in sourcing, buying and selling metals, wanted to ‘go it alone’. Despite all his city connections, no one would support him in buying the manganese ore supply he had negotiated in Africa. Trade Credebt® understood his requirements and became his partner.
"I had the deal done. I had the supply side tied up too. What I really needed was the finance and expertise to deliver it."
Livestock to Libya
This second generation cattle dealer had negotiated a supply contract in Libya. Having negotiated the transaction, he needed to finance the deal and also the industry expertise needed to ship the livestock and process the paperwork. Trade Credebt® brokered a suitable partner and then funded the deal too
The Engagement Process
After making contact with Trade Credebt®, an appointment will be set for you to speak with a trade Specialist. Typically, contact is by telephone and the initial conversation takes approximately 30 minutes. During this call, the Specialist will get a clear understanding of your business and your finance requirements. After that call, you will receive an email that summarises your needs in bullet point format. You amend/confirm this email and the Specialist will ask you to provide a set of documentation to support your application.
When all the requested documentation is supplied to the Specialist, they will prepare a proposal for the Trade Desk. If Trade Desk agree in principal with the finance being sought, they will issue a single page Revolving Purchase Agreement [RPA] quotation.
The RPA is a document that is unique to Credebt®. A member of the team will call you and explain every aspect of this document so you can confirm the finance request, submit the online application and begin negotiating the franchise agreement.
30 minute call with a Trade Specialist
Summary of Requirements Email
We email you a Summary of Requirements confirmation
Confirmation of Understanding
You confirm that this is correct.
You supply the supporting documentation for your application.
Trade Desk Review
Trade Desk reviews the proposal.
RPA/Term Sheet issued
RPA [Revolving Purchase Agreement], single page term sheet document is issued for your consideration.
RPA Review Call
We call you to go through the RPA in detail. We guide you through the RPA and answer any questions you may have.
Confirmation of Your Approval
You confirm that you agree with the terms and want to proceed.
Submit the Online Application
You submit the online application.
You begin to trade.
Operational Accounts & Extending Your Requirements
An initial engagement is typically for a single vessel. When you, the ship operator, are satisfied with how your account operates with us, you may choose to increase the finance amount as you need. Unlike a traditional lender, a Credebt® Shipping facility can be increased within a few days. Facilities are regularly extended to charter additional vessels, take on CoA, or for voyage charters from the spot market.
What Is a Credebt® Facility?
Credebt®* is a unique business finance solution. Credebt® facilities complement bank facilities.
Banks fund businesses in the form of a loan against some valuable assets. They require guarantees to ensure the business will pay back the loan. The bank reviews the financial history of the business, its cash flow and its balance sheet.
Trade Credebt® uses contracts and purchase transactions to learn about cash flow. In contrast to bank finance, Trade Credebt® the potential of the business and the depth of experience and knowledge it has. These are the real indicators of the business’ potential.
Why Is Trade Credebt® Better?
Credebt® focuses on the potential of a company, not simply its assets and balance sheet. We move faster and partner with our customers. By taking a real role in your business success, we can bring real value and the finance to make your company succeed.
Applying for a Credebt® Facility
It is simple to apply for a Credebt® facility. The process involves:
- An initial call: To understand your business, your plans and purpose for funding.
- Supporting Documents: You provide supporting documents for review.
- Review of Documentation: We review your submitted documents. This review is typically completed in days. The documentation you provide is very important. It supports the business case for your Credebt® facility. A strong business case with solid documentation makes the process as simple as possible.
- Confirmation of Understanding: We email you to ensure our understanding is correct. You confirm and we present you with finance options for you to consider.
- RPA Quote Issued: We issue an RPA quote for your consideration.
- Approval by Trade Desk & Treasury: We then check to ensure the set of documentation is complete and submit your application to Trade Desk & Treasury. Once approved, you will be asked to complete the pre-populated online application. Within a few days, you’ll be ready for trading.
- Finance Available: Your Credebt® facility will then be available
To start the process, simply call us on +353 1 685-3672 or Book a Call.