Trade Finance
It is well suited to businesses who are importers and/or international traders looking to source and supply goods within a short time scale. We look at the strength of the order and decide to fund the purchase rather underwrite whether the company is credit worthy. This allows many small to medium companies to obtain this type of finance fast.
Purchase finance can be used to:
- import/export goods
- refinance existing stock
- by using our credit rating, you may be able to buy stock, this could be useful for small businesses.
- When you need to buy seasonal or leftover stock quickly
- VAT Export finance – depending on the strength of the order we can finance the VAT element and in some circumstances the whole transaction.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The overall cost for comparison is 7.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. There may be a fee for the mortgage advice. The precise amount will depend on your circumstances, but we estimate it will be 1.5% of the loan amount with a minimum fee of £500 added on to the loan.
Mayfair Consulting Limited is an Appointed Representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London , W1T 7RJ , which is authorised and regulated by the Financial Services Authority no. 303007.
