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How to Apply as a Foreign Buyer

International buyers interested in financing their purchase of British made equipment should notify the exporter’s sales agent

The exporter contacts SOVEREIGNSTAR to discuss the sale. SOVEREIGN STAR is able to provide a Letter of Interest outlining the financing available

Either before, during, or after the sale agreement is reached, a completed SOVEREIGN STAR credit application is submitted directly to SOVEREIGN STAR

The credit application should include the following information:

• 3 years of audited financial statements


• Details of the equipment to be purchased


• Amount of financing requested for the transaction

Once the Financing is Approved

On approval of the application, SOVEREIGN STAR will issue an offer of financing based on the clients needs

The credit arrangements are finalized in consultation with the buyer and the exporter. This includes the repayment schedule, pricing, and the documentation for the loan

SOVEREIGN STAR prepares the necessary documentation and presents it directly to the buyer

The buyer executes the loan documents and registers a security in favour of SOVEREIGN STAR

SOVEREIGN STAR will disburse the monies directly to the exporter once: 

• Acceptance Certificate has been completed by the exporter and the buyer


• Evidence of shipment has been presented to SOVEREIGN STAR