Who we underwrite ?

Exporters with ultimate buyers in the EU, US or UK

Up to $1m rolling credit facility provided per end buyer 

 

Commercial terms

We can finance the full credit term up to 60 days and the transit time preceding that.- Standard pricing at 1.65% charged pcm (pro rated per diem) only on advanced funds (i.e. the 90% advanced)

Zero other fees or charges

No fixed assets or personal guarantees required for security

No minimum draw downs or maximum invoice value

No financial limit of facility sizes for suppliers

Timing of funds release

Sea freight we'll release funds at soon as container gates in for no non-perishable , or departs for perishable

Air freight we'll release funds when the goods arrive 

For Road Haulage we'll release funds upon receiving a scanned copy of the CMR and other export documents required

We look for exporters with some experience (ideally 12 months +) but some flexibility if we are only doing invoice discounting

https://www.linkedin.com/company/redskyfoods