Import Finance

How to Manage Import Finance

How to Manage Import Finance

Importing goods from another country typically exposes you to more risk and financial commitment than purchasing from a UK supplier, so it is especially important that you know what you are doing. In this guide you will learn about: Negotiating a deal with a supplier What payment methods exist The costs involved How to arrange short-term finance What factors do I need to consider when negotiating with my supplier Both parties will want to obtain different terms but should strive to reach a balanced and mutually beneficial outcome. The method of payment you choose will, in large part, determine what level of risk you’re exposed too (see below for more on this). You will want to reduce the risk of paying for goods that don’t arrive, or arrive late or damaged and the supplier will want to be ... »