How to Apply as a UK Exporter
Step One
Contact SOVEREIGN STAR when negotiating an export contract which may require financing. A complimentary letter of intent can be issued to you by SOVEREIGN STAR to assist in negotiations with your foreign buyer.
Step Two
Complete the Exporter application form (available on our website) when you have a final deal with your foreign buyer. Submit the application via the online application, by facsimile or mail directly to SOVEREIGN STAR. Include all supporting documentation:
- Financial and corporate information about your foreign buyer (may be forwarded to SOVEREIGN STAR by your buyer directly)
- A copy of the export contract or proposed export contract
- A cheque for £200 (plus VAT)
Step Three
Once your application is approved, SOVEREIGN STAR will issue an Offer Letter, which may be presented to your foreign buyer. If accepted, SOVEREIGN STAR will enter into a loan agreement with the buyer. Upon acceptance of the exported goods/services and once all conditions of the sales contract are completed, SOVEREIGN STAR will issue a cheque directly to you for the amount financed from the invoice. SOVEREIGN STAR will collect loan repayments directly from your buyer.
Stay Informed