Keeping your goods moving while managing cash flow

A partnership bringing customs expertise and flexible supplier finance together

 

Getting your goods through customs is only part of the challenge

When you import goods from overseas, the cost of getting them into your business doesn't stop with the customs declaration. You also need to pay your suppliers and logistics providers, pay any duties or VAT owed, and convert currencies.
All of these costs can put pressure on your cash flow, particularly when there’s a gap between paying for your goods and getting paid by your customers.

That's where extended payment terms could help

Giving your business longer to pay overseas suppliers could take some of the immediate pressure off your cash flow.
Instead of being limited to your supplier’s usual payment terms, eligible businesses could have up to 150 days to repay!
That means more time to sell your stock and more cash available for the other costs involved in importing.
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What could this mean for your business?

  • More time to pay
    Up to 150 days to repay, subject to eligibility and agreed terms.
  • More cash available
    Keep working capital available for logistics, customs and other business costs.
  • Greater purchasing flexibility
    More freedom when considering stock levels and supplier opportunities.

Where EORI comes in

More time to pay your suppliers means more flexibility to manage the other costs that come with importing your goods. That’s where EORI comes in.
We handle the customs declaration and the expertise required to get your goods through customs, while extended payment terms can help you keep more cash available for the other costs involved in getting those goods into your business.
This gives you more flexibility over your cash flow, access to foreign exchange services, and the customs expertise you need to keep your goods moving.
 
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Frequently asked questions...

Q. How do I check if my business qualifies for Ebury’s financing solutions?

If your business has annual revenue over £1m, a tangible net worth of £100,000, and a healthy trading record of at least two years, you can apply for Ebury financing.

Q. How can I apply?

The best way to get started is to contact one of Ebury's relationship managers and discuss your business needs via the registration form.

Q. How long does it take for the funds to be paid?

Once your account and credit line are set up, you can draw funds and pay your suppliers as soon as you sign your T&Cs.

Q. How do I repay Ebury?

You can repay Ebury within 150 days, along with interest accrued, in your local currency at the rate agreed in your terms and conditions.

Q. Why would I choose Ebury finance over a bank loan?

Ebury offers fast, unsecured financing with higher limits and more flexibility than traditional bank loans. You pay interest only on the amount you use, and Ebury's intuitive platform handles tracking and reporting so you can stay focused on growing your business.

Q. How long does it take to set up the financing account?

Once you’ve submitted your information, the process usually takes up to two weeks, though Ebury will always aim to move faster for you whenever possible.

Q. Do I have to provide security or a guarantee for the credit line?

Ebury does not take title or security over your goods or business. However, in rare cases, they may need a personal or cross-company guarantee to provide financing.

Ebury Supplier Payment Finance is available to Ebury clients only, and all payments are processed through Ebury's platform.

Credit lines are subject to eligibility criteria, business circumstances, and availability based on regulatory requirements. Supplier Payment Finance is offered by Ebury Partners UK Limited, an Electronic Money Institution authorized and regulated by the Financial Conduct Authority (FCA). Get in touch with Ebury to learn more.

Get in touch

If you think this could be useful for your business, register your details below and a member of the team will be in touch.