COMMERCIAL FINANCE
Our partner Ebury offers unsecured trade finance facilities. Subject to meeting the necessary requirements, they provide flexible financing to help businesses scale their operations and bridge the cash flow gap.
Ebury offers up to £3m to pay supplier invoices, which can be executed in the supplier's local currency (therefore decoupling our clients from the indirect currency risk) and allows our clients up to 150 days to settle the balance bringing significant growth opportunities for their business.
MINIMUM CRITERIA
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Net Worth > £100,000 (Shareholder Equity - Intangible Assets)
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Turnover > £1 million
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At least 2 years trading history
BENEFITS
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Free to set up and maintain
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Revolving line of credit
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No minimum usage
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Negotiate early settlement discounts with your suppliers
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Unsecured (no debenture, Ebury takes no title over goods or the business)
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Flexibility - choose which invoices you would like Ebury to pay
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Ebury can make this payment in over 140 currencies
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Ability to pay costly invoice deposits
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Use it to pay for shipping costs
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Being unsecured means that it can run alongside existing credit lines with no interference
Wood International has partnership agreements with other non-bank commercial finance providers. More information is available on request.