Upcoming Trade Finance Arrangements For UK Companies
Upcoming Trade Finance Arrangements - To Facilitate Post Brexit Trade
Trade Finance At Brexit.Trade
Post Brexit, however, there is a need for the UK to be able to access markets outside the EU that the UK has its own trade deals with. Trade Gateways are required for this to happen effectively. Brexit.Trade is such a Trade Gateway, providing a range of Services to assist organizations in this regard
Trade would accrue to participating businesses from deals struck using Brexit.Trade Services. A healthy cashflow is vital to any business. Local Merchant Services Limited, who operate Brexit.Trade, are making arrangements with a leading Invoice Factoring and Invoice Discounting solutions Provider for Invoice Finance Facilities For Organizations Using Brexit.Trade Services
Participating businesses would be referred to the proposed Funder. Once an account had been arranged with the proposed Funder, subsequent Invoices raised by the Participating Business would be assigned to the proposed Funder. The assignment would be via a notice that goes on the invoices that are sent out to the customers of participating businesses
The participating business would continue to raise and send the invoices out to their customers as they normally would. However, the invoice would now be payable by the client direct to the funder
Market access refers to the ability of a company or country to sell goods and services.
Trade Gateways provide a Market Access to a particular place. Trade Gateways Featured By Brexit.Trade feature particular local organizations that can help with trade in that particular place are featured. Users get the best of both worlds as they can get help with Trade from the featured organization as well as be able to access other Trade Gateways and featured Products and Services that can help with Trade in a Covid Era. Brexit.Trade operates Trade Gateways for countries and the Capital Cities of Countries that the UK has a Trade Deal with Post Brexit. A selection of these Trade Gateways are featured below.
The Trade Gateways Network
Buyers, can enjoy the benefits of accessing suppliers easily, wherever they are.
Suppliers, can also access buyers, wherever they are, as part of a Blockchain Facilitated Network.
The Trade Gateways Programme, which brings together Buyers, Manufacturers, Sellers, Supply Chain Finance Providers, and other players in relevant Supply chains.
The Coronavirus Pandemic means that the way business is done will never be the same again. However, it has thrown up new opportunities. Those who adapt fast and digitize their business, will be able to take advantage of these new opportunities. The Trade Gateways Programme can help organizations take advantage of those new opportunities.
The Trade Gateways programme features Regional Trade Gateways as detailed above. An IndustriesB2B.com programme is also featured. The IndustriesB2B.com programme allows parties across the different places covered by the Regional Trade Gateways, to access specific Industry Segments in Blockchain Facilitated, Centralized vertical Marketplaces that bring together Buyers, Manufacturers, Sellers, Supply Chain Finance Providers, and other players in relevant Supply chains. The Trade Gateways Blockchain also serves as a Distribution Blockchain that helps manage Transactions between Retailers and Suppliers across the Trade Gateways.
Participating Retailer Buyers also have an option to use our Stores.IM programme to reach their consumer buyers in an integrated and innovative manner that can enhance efficiency and increase profits. Contact us for more information.
We can offer a range of Blockchain services if required. As far as Blockchain Adoption is concerned, it can be overwhelming for organizations to consider adopting a new process that also requires a steep learning curve of a new technology.
Users of this site can be offered a simple entry point to utilize Blockchain for Trade, in a relatively simple and straightforward manner that requires no technical integration. A full training and support Programme is also available on request. Please contact us for more information.
All trade parties on the Blockchain can share data as they deem appropriate. Some Features of the Blockchain are detailed below.
Blockchain can eliminate the need for trust in transactions, thanks to the fact that it facilitates the use of transparent and immutable smart contracts.
Blockchain offers potential for easing and speeding up transactions between trading partners. Advantages include:
- Improving supply chain visibility and transparency
- Reduction of transaction costs
- Tracking of products moving through the supply chain
- Facilitating the sharing of information across the Supply Chain
Please contact us for more information on the above. Please also see links below that can help access useful information, as well as useful online services for Trade.