Trade Finance Import Export Cashflow Services ITFS

Services

We offer a range of different consulting services that provide a comprehensive insight into all aspects of import, export and dealing with foreign currency in the UK. We can also advise on practical steps to reduce your bank charges on your domestic UK banking. Look at the 3 headings below. Are there any areas where either you cannot answer with complete confidence or where you hadn't considered for whatever reason, then contact us - we'll strive to find the appropriate solution! If you're planning to start to import and/or export for the first time, let us help you with those first steps, so you can maximise your profit from Day 1.

Do You Export [or Want to]?

Do you receive payments from abroad?
Do they arrive when they should?
Are you happy with the current terms negotiated?
Have you lost orders because of not offering sufficient credit terms?
Have you had to "loss lead" to win a contract?
What's the impact on your cashflow?
How do you protect against non-payment?
In which currency do you invoice in?

Do You Import [or Want to]?

Do you make International Payments?
How do you currently make them?
What is the level of Bank charges?
Are you given sufficient credit terms?
What's the impact on your cashflow?
Are there exchange risks?
Do you have an issue with quality of goods?

Other Questions regarding Import/Export

Does your bank offer/give any advice?
Do you have access to your Bank's International Trade experts?
Do you know who at your bank looks after your International needs?
Are you happy with how you currently undertake your international banking?
Do you consider the costs to be reasonable?
When did you last review?
Do Letters of Credit and/or Collections fill you with fear?
Do you understand Foreign Exchange Risk?
Do you understand what Incoterms are and how they can affect the transportation and cost of goods?

For existing importers and exporters, we offer a detailed "healthcheck" of your International business practices to assess whether there are areas where you can reduce costs and/or risk and also improve profitability. These are undertaken without you needing to commit to anything at this stage - if we do identify areas where improvements can be made, then we'll discuss next steps. For "first time" importers and exporters we will sit down with you, understand your needs and come up with practical steps that you can take to realise your goals. Initial meetings are usually free of charge.

"Minimising Commercial Risks
When Trading Abroad"