Faster and simpler in every way
Arranging trade finance with MGP gives you a fully revolving unsecured credit facility. You’re free to use it, repay it, and use it again, for as long as you wish. You can use it to fund payments to suppliers anywhere in the world, for example for raw materials, parts, finished goods or services.
It comes with up to 150 days additional credit, making it an invaluable asset in managing cashflow.
Our trade finance model is designed to get you the funds you need. There are no unreasonable hurdles or barriers. Quite the opposite. The initial criteria is:
- Minimum annual turnover of £2m
- Minimum net worth of £200k
- To have traded for minimum of 2 years
- To be creditworthy
- Limited Company or LLP status
Finance for a modern world
Fund purchases quicker. Reduce borrowing costs. Take advantage of opportunities that your current finance facilities are not able or willing to support.
Easy to arrange
No bank to talk to. Just meet our very realistic requirements and you’re approved.
Need your funds today? That’s possible. We’re here to help you in any way we can.
Up to 150 days of additional credit gives you a potent new tool to manage cashflow.
No security required
If your business meets the requirements, there’s no security or guarantee required.
Your supplier is instantly notified of payment, ensuring your order is actioned quickly.
Pay in local currency
Remove your suppliers foreign exchange risk and negotiate a price discount.
Transparent and convenient
There are no complicated or dangerously opaque charges.
Just a simple transaction charge each time you use the facility.
There’s no need to change banks, either. MGP trade finance works happily alongside your existing banking facilities.