The Benefit to UK Exporters is clear
UK Exporters can offer Buyer Financing in support of their bids, for small and medium size export transactions.
- Exporters can include SOVEREIGN STAR's indication of interest as part of their marketing package, which is a valuable tool to their sales force
- Buyer financing is available even for sales of relatively low purchase value
- Funds are payable to the exporter directly, and SOVEREIGN STAR assumes the buyer risk
- Financing provided to the buyers is non-recourse to the UK exporter
- Upon completion of an Acceptance Certificate by the exporter and the buyer, the exporter will receive payment in full from SOVEREIGN STAR, usually within ten days of shipment
- The exporter's lines of credit are not affected by SOVEREIGN STAR's financing
- Loan documentation is standardized for greater efficiency and lower cost
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