Purchase Funding with Invoice Finance - Your Easy Guide

Bibby Financial Services’ Purchase Funding with Invoice Finance provides businesses with funding of up to £3m to purchase finished goods from within the UK or from overseas, in order to fulfil confirmed orders from customers.

We make payments directly to your supplier (up to 100% of the purchase price), and once the goods have been delivered we factor the customer invoice (up to £5m). Purchase Funding with Invoice Finance provides support to you through the entire process from supplier to customer, helping you maintain a healthy cash flow through busy seasonal periods.

Purchase Funding with Invoice Finance Your Easy Guide

Bibby Financial Services’ Purchase Funding with Invoice Finance provides businesses with funding of up to £8m to purchase finished goods from within the UK or overseas, in order to fulfil confirmed orders from customers.

We make payments directly to your supplier (up to 100% of the purchase price), and once the goods have been delivered we provide funding against the value of your customer invoice. Purchase Funding with Invoice Finance provides support to you through the entire sales process from purchasing goods from your supplier to receiving payment from your customer, helping you maintain a healthy cash flow.

Benefits to you

• We can fund the whole of your sales process for you

• We will issue a Letter of Credit (if required) guaranteeing payment to your supplier so you have the peace of mind that your order is going to be fulfilled without you having to release any hard earned cash up front as a deposit or full payment in advance

• We’ll pay your supplier upon proof of shipment with advanced funding of up to 100% of the invoice value, so you don’t have to provide the cash yourself

• You can source new suppliers overseas giving you the freedom to expand your business with new or better products or possibly better prices

• Bibby Financial Services has multi-currency facilities, meaning you don’t have to worry about arranging fund transfers or calculating exchange rates – we’ll do this for you

• We can pay your import VAT and Duty payments so you don’t have to provide funds up front to make payments or ask your freight forwarder to make payments on your behalf

• Take advantage of our complete credit control service – our team will liaise and communicate with your customers directly in the relevant language in order to collect payments on your behalf, maintaining professional and detailed accounts

• We have international bank accounts in a range of currencies which means we can receive funds from overseas customers with ease, speed and safety

• For your peace of mind, you can also have your Invoice Finance facility provided confidentially and with Bad Debt Protection.

Talk to Your Purchase Funding Experts today on 0800 91 95 92 or visit www.bibbyfinancialservices.com

Why choose Us?• We can fund finished goods that you are going to sell straight

on, as well as unfinished goods that you are going to use in your manufacturing processes

• Our specialist team will put time into understanding your business and evaluating your supplier contracts

• We evaluate each case for funding individually, meaning each Purchase Funding deal will be assessed on its own merits

• We have expertise in funding purchase orders as well as issuing and managing Letters of Credit and Supplier Undertakings

• We will fund goods that do not come into the UK, so they can be transported directly from your overseas supplier to your overseas customer

• We can also offer invoice finance so that cash is released from your invoices

• And all handled by one team enabling easy communication between you and a team who understand your requirements.

Purchase Funding Your Easy Guide

Benefits to you • We will issue a Letter of Credit guaranteeing payment to your supplier so you have the peace of mind that your order is

going to be fulfilled without you having to release any hard earned cash up front as a deposit or full payment in advance• We will pay your suppliers upon proof of shipment so you don’t have to provide the cash at that point in time• You can take advantage of opportunities to source supplies from overseas and build relationships with new suppliers• We have multi-currency facilities so we can pay your supplier in the correct currency at the correct time, as efficiently as

possible – meaning you don’t need to worry about exchange rates and timing of payments• In some cases, we can pay your import VAT and Duty payments on your behalf, meaning you don’t have to provide funds

up front to make those payments.


How it Works1. You place an order with your supplier

2. You send the pro-forma invoice from your supplier to Bibby Financial Services

3 Bibby Financial Services opens a Letter of Credit with your supplier, if appropriate

4. Supplier manufacturers to order

5. Your Supplier ships the goods and sends relevant documents to you to confirm shipping

6. Bibby Financial Services pay your supplier up to 100% of the invoice

7. You receive your goods

8. You repay Bibby Financial Services the funding amount plus any charges

Bibby Financial Services can provide businesses that have a turnover of over £2.5m, with a Purchase Funding facility of up to £3m to fulfil purchases from suppliers based in the UK or abroad. By paying your supplier up to 100% of the purchase price directly, we can ensure that large orders of finished or unfinished goods are paid for on time even if you don’t have the money available. With up to 90 days to pay Bibby Financial Services back, you have the chance to sell your goods before having to pay for them.

Your Trade Finance Experts

Are you already buying or planning for this year’s Christmas frenzy?Are you wondering how to finance your purchasing to fulfil the incoming orders?

The buying cycle is always challenging. It is especially so when you are sourcing supplies to ensure your products are on retailer shelves at Christmas time. If you are concerned about how you are going to fulfil some of the orders coming your way then talk to us. We can offer you a service where we can fund the whole process for you, which includes funding your sales invoices to release cash faster.

You don’t need to worry:• We can provide the funds up to 100% of the purchase price• We can pay your suppliers directly for you, as well as issuing Letters of Credit if required• We are used to working with suppliers in many different countries (including China) and paying

them in the relevant currency, and we understand how to work with other cultures and languages• We will give you funding against your invoices to help ease your cash flow pressures• We will chase your customers for payment for you, whatever country and time zone they are

in and whatever currency you want them to pay in• And we can provide you with bad debt protection• And provide a confidential service if you would prefer

Call us now on 0800 91 95 92 to see how we can provide funding to make your purchasing easy.

Yours sincerely

Andy Tait Sales and Marketing Director, UK

We have been helping our clients access cash in their business for nearly 30 years – to discover more and see what our clients have to say, visit www.betterbusinessfundinguk.com or call 0800 91 95 92 to access Better BUSineSS FUnding.

Bibby Financial Services, Endeavour House, Noral Way, Banbury Office Village, Banbury, Oxfordshire, OX16 2SB

Buying for this Christmas?got the finance to do it?

108202 Purchase Finance Letters AW.indd 1 4/5/13 11:32 AM


Why choose Us?

• Bibby Financial Services is one of the few companies that can operate a Purchase Funding with Invoice Finance facility and do it all from one place and one specialist team

• We can fund your purchasing of finished goods if you have confirmed orders from your customers

• Our specialist team will take the time to understand your business and will thoroughly evaluate your supplier contracts

• We evaluate each case for funding individually, meaning deals will be assessed on their own merits


• We will fund goods that do not come into the UK – they can move from your overseas supplier to your overseas customer directly

• To enable you to purchase additional stock when you don’t have a customer purchase order we can offer you additional Purchase Funding

How it works:

• Your customer sends you a Purchase Order for finished goods

• You place an order with your supplier• You send the PO from your customer and the

pro-forma invoice that you receive from your supplier to Bibby Financial Services

• Bibby Financial Services opens a Letter of Credit (if required) with your supplier, guaranteeing the manufacture of your goods

• Your goods are manufactured to order and shipped, and your supplier sends you the relevant documents to confirm shipping

• Bibby Financial Services pay your supplier up to 100% of the purchase price once all relevant documents are received

• You ship the goods to your customer• You invoice your customer and send a copy

of the invoice to Bibby Financial Services for funding

• Funds advanced against your customer invoice are used to pay off the Purchase Funding provided, then Bibby Financial Services releases a proportion of the remaining funds to you

• Bibby Financial Services liaises with your customer for payment of the invoice

• Customer pays Bibby Financial Services in full• Bibby Financial Services pays you the

remaining funds less our charges.

Why choose Us?• We can fund finished goods that you are going to sell straight

on, as well as unfinished goods that you are going to use in your manufacturing processes

• Our specialist team will put time into understanding your business and evaluating your supplier contracts

• We evaluate each case for funding individually, meaning each Purchase Funding deal will be assessed on its own merits


• We will fund goods that do not come into the UK, so they can be transported directly from your overseas supplier to your overseas customer

• We can also offer invoice finance so that cash is released from your invoices

• And all handled by one team enabling easy communication between you and a team who understand your requirements.

Purchase Funding Your Easy Guide

Benefits to you • We will issue a Letter of Credit guaranteeing payment to your supplier so you have the peace of mind that your order is

going to be fulfilled without you having to release any hard earned cash up front as a deposit or full payment in advance• We will pay your suppliers upon proof of shipment so you don’t have to provide the cash at that point in time• You can take advantage of opportunities to source supplies from overseas and build relationships with new suppliers• We have multi-currency facilities so we can pay your supplier in the correct currency at the correct time, as efficiently as

possible – meaning you don’t need to worry about exchange rates and timing of payments• In some cases, we can pay your import VAT and Duty payments on your behalf, meaning you don’t have to provide funds

up front to make those payments.


How it Works1. You place an order with your supplier

2. You send the pro-forma invoice from your supplier to Bibby Financial Services

3 Bibby Financial Services opens a Letter of Credit with your supplier, if appropriate

4. Supplier manufacturers to order

5. Your Supplier ships the goods and sends relevant documents to you to confirm shipping

6. Bibby Financial Services pay your supplier up to 100% of the invoice

7. You receive your goods

8. You repay Bibby Financial Services the funding amount plus any charges

Bibby Financial Services can provide businesses that have a turnover of over £2.5m, with a Purchase Funding facility of up to £3m to fulfil purchases from suppliers based in the UK or abroad. By paying your supplier up to 100% of the purchase price directly, we can ensure that large orders of finished or unfinished goods are paid for on time even if you don’t have the money available. With up to 90 days to pay Bibby Financial Services back, you have the chance to sell your goods before having to pay for them.

Your Trade Finance Experts

Are you already buying or planning for this year’s Christmas frenzy?Are you wondering how to finance your purchasing to fulfil the incoming orders?

The buying cycle is always challenging. It is especially so when you are sourcing supplies to ensure your products are on retailer shelves at Christmas time. If you are concerned about how you are going to fulfil some of the orders coming your way then talk to us. We can offer you a service where we can fund the whole process for you, which includes funding your sales invoices to release cash faster.

You don’t need to worry:• We can provide the funds up to 100% of the purchase price• We can pay your suppliers directly for you, as well as issuing Letters of Credit if required• We are used to working with suppliers in many different countries (including China) and paying

them in the relevant currency, and we understand how to work with other cultures and languages• We will give you funding against your invoices to help ease your cash flow pressures• We will chase your customers for payment for you, whatever country and time zone they are

in and whatever currency you want them to pay in• And we can provide you with bad debt protection• And provide a confidential service if you would prefer

Call us now on 0800 91 95 92 to see how we can provide funding to make your purchasing easy.

Yours sincerely

Andy Tait Sales and Marketing Director, UK

We have been helping our clients access cash in their business for nearly 30 years – to discover more and see what our clients have to say, visit www.betterbusinessfundinguk.com or call 0800 91 95 92 to access Better BUSineSS FUnding.

Bibby Financial Services, Endeavour House, Noral Way, Banbury Office Village, Banbury, Oxfordshire, OX16 2SB

Buying for this Christmas?got the finance to do it?

108202 Purchase Finance Letters AW.indd 1 4/5/13 11:32 AM

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Purchase Funding with Invoice Finance - Your Easy Guide