Alongside our existing invoice discounting and revolving credit facilities, Growth Lending has launched a new stream of funding, specifically for international businesses with US dollar and
Euro invoices.
We can fund US dollar and Euro invoices from $10,000 to $5,000,000 for overseas and UK-based companies.
“Growth Lending has provided us with a tailored solution that meets the differing needs of our businesses, in the UK and overseas. The facilities will give us the necessary working capital to grow our business further, enhancing our buying and selling capacity and supporting our expansion plans”
Ben Funnell, Managing Director, Oxbridge Associates
For businesses that have subsidiaries registered in the United States, Germany and other OECD countries on request, Growth Lending’s selective invoice finance enables you to finance all of the subsidiaries’ invoices in a single facility. This reduces the requirement for multiple lenders and keeps the funding process streamlined.
Alternatively, Growth Lending does not need to fund the UK element of your invoice finance requirements. If you already have a lender in place to support your UK business, but need further support for invoice finance in Euro or US dollars, we can operate these as standalone facilities.
This type of finance arrangement works well for a variety of businesses with operations overseas, but can be particularly useful for businesses in the manufacturing and FMCG industries, where there is significant requirement for working capital to support import and export activity.
We can fund alongside other lenders, funding the overseas invoices while they retain the UK invoice finance.
We can also offer standalone facilities overseas, with no requirement to fund a linked UK entity, so can work flexibly to meet your needs.
We can offer standalone facilities for business in the US, Germany and other OECD countries on request, with no requirement to fund a linked UK entity.
The best step forward is to get in touch and we can discuss your funding needs in greater detail.
We do not require any security for businesses registered overseas, however we do need security for UK-based businesses.
