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TRADE FINANCE SOLUTIONS

Trade finance accounts for 3% of global trade, worth some $3tn annually. Simply put, it’s the financing of trade in a company life cycle, whether you’re sending goods, services or commodities, a variety of financial instruments are used to structure this, under the umbrella term ‘trade finance’. Trade finance includes Letters of Credit (LCs), export finance and credit agencies, receivables and invoice finance, as well as bank guarantees. Trade financing reduces credit and payment risks or bad debt risk on suppliers as the funders take hold over the goods being traded. Trade financing focuses more on the trade than the underlying borrower (not balance sheet led), so small businesses with small balance sheets can trade larger volumes more easily and work with larger end customers

As Nigeria seek to diversify the economy out of oil by achieving the huge potential for agricultural exports, there is an increased requirement for smart efficient export finance. Synterra have a variety of solutions to meet most needs

SYNTERRA TRADE FINANCE

The importance of Trade Finance


Trade financing (also known as supply chain and export finance) is a huge driver of economic development and helps maintain the flow of credit in supply chains. It is predicted that 80-90% of global trade is reliant on trade and supply chain finance, and is estimated to be worth around USD $10 trillion a year.

As a result of the global economic crisis in 2008, export markets reduced in size by around 40-50%, SMEs being the hardest hit. As a result, lending decreased as investor’s appetite for risk decreased, and banks had to reduce the sizes of their loan books.

WHAT DOES IT ALL MEAN

Trade financing includes:

Lending facilities

Issuing Letters of Credit (LCs)

Export factoring (companies receive funds against invoices or accounts receivable)

Forfaiting (purchasing the receivables or traded goods from an exporter)

Export credits (to reduce risks to funders when providing trade or supply chain finance)

Insurance (during delivery and shipping, also covers currency risk and exposure)

Who benefits from trade finance?

Export finance has many beneficiaries: developing countries, governments, small and medium enterprises. SMEs are engines for economic growth and development, accounting for around 99% of businesses, 50% of employment and driving around 30% of private sector revenue in the UK.

In relation to export finance and the supply chain, many SMEs play a large role in the running of multinational corporations and larger companies. SMEs require access to finance to fulfill larger contracts, import goods from overseas and create wealth, jobs and develop economies.

WHERE DO SYNTERRA SPECIALISE?

We organise Pre-export financing (PXF) and Structured Commodity Finance or SCF  which is a type of lending used within the commodities world; where a simple and straight forward bilateral lend will not work. In order to make many commodities based transactions work; we  look at the wider trading cycles, products, buyers, sellers, insurance and time periods of trades.

The idea behind a structured commodity transaction or PXF is that it will secure the trade in alternative ways and bring in lending that is not vanilla. An example of this is structured commodity finance in relation to oil transactions and taking security around assignments of off-take agreements.

Structured Commodity financing includes:

Oil and Gas Financing

Pre-export Finance

Letters of Credit

Inventory Finance

Export credits (to reduce risks to funders when providing trade or supply chain finance)

Barter and Inventory Finance

How can we assist you?

The Synterra team work with numerous banks, FIs, funds and alternative financiers across multiple geographies and jurisdictions to help companies access finance fast. We have product specialists, from cashew nut experts to refined petroleum products, who work collaboratively help companies grow their trade lines both internationally and domestically.

Our team of experts are agnostic of finance product types and will look at numerous financing options to help find the best solutions to help you grow your trade flows. From vanilla trade finance facilities or export finance products right through to complex cross-border commodity trade, our 24/7 team are here to help you grow.

We’re often regarded as a CFO or FD, as opposed to an originator or broker of trade finance. We know you’re busy running the business, and our dedicated Consultants work tirelessly to help place you with financing structures as quickly as possible. We’re your partners in trade and work with the majority of funders in most jurisdictions around the world.

At Synterra, we know who the decision makers are, the key influencers and managers at banks, financial institutions and funds, so it’s often easier and faster to get to the right person quickly and speed up your application. All at no cost to you.

We’re 100% independent & impartial: working only for our businesses

Synterra have no ties with any one lender, so can be flexible at offering the product that’s right for you, not an off the shelf product that inhibits growth or limits opportunities for your business, no matter how complex. Often the financing solution that is required can be complex, and our job is to help you find the most appropriate trade finance solutions for your business.

COMPLETE THE APPLICATION

Take a couple of minutes to complete the trade finance application. By completing the form our analysts maybe able to determine your company's eligability 


TRADE FINANCE ENQUIRY

This form provides us with the minimum amount of information we require to determine if we are able to provide trade finance to your company. The information will be used by our Analysts to form an opinion for our Consultants. It is important that we obtain as much relevant business information as possible to assist us in making our determination

Company Name*
Name:*
Job Title:*
E-mail:*
CompanyAddress:
Phone:
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TRANSACTION INFORMATION

Here you will complete information on the transaction. All fields must be completed*

Product Name:*
Transaction Start Date:*
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Transaction End Date:*
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Transaction Description:*
Product Sector:
Transaction Value USD$:
Funding Requirement USD$:
Transaction Location:

TRANSACTION DOCUMENTATION

Please upload any transaction documents such as profit and loss summaries, Sales and Purchase orders, Supply contracts and Puexecutive summaries . There is a size limit of 2Mb per document upload, but you can upload as many documents aa required. We prefer that documents are uploaded in pdf format though you can also up load docx, doc, xls, xlsx, jpeg. jpg, gif and png. You simply need to browse to the document on your device and select the documents you wish to upload repeating the process until each document has uploaded


Upload a File:

Please enter the figures you see in the box below

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Word Verification:


Click the Submit button to complete application

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72 Newman Street, London W1T 3EH
+44 788 084 2065
tex@synterra.co
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