Contract Financing

Question posted by Lazare Kassi, on behalf of Gulf petroleum limited in OX4

I am a newly established UK trading company. I have won a tender to supply Diesel products to the government of Burkina Faso. The signed contract stipulate 90 payment with a Bank guarantee in place.

I need to pay my seller earlier than that including shipping agent for transportation.
Whoe can help & where to turn to?

I dont have a business bank account with big bank

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Gemma Price, on behalf of @GemmaPriceUK in W13.

Hi

You may be able to get support / guidance from the UK’s export credit agency - UK Export Finance (UKEF):

https://www.gov.uk/government/organisations/uk-export-finance

UK Export Finance
1 Horse Guards Road
London
SW1A 2HQ
Email
enquiries@ecgd.gsi.gov.uk

Telephone
020 7271 8000

Fax
020 7271 8001

I hope this helps.

Kind regards

Gemma Price
info@export-expert.co.uk
www.export-expert.co.uk

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David Simpson, on behalf of UK Export Finance in SW1A.

Hi

Just to expand on Gemma's answer (thanks Gemma), and without knowing where you are based in the UK, if you take a look here https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/210646/regional-export-finance-advisers-ukef.pdf you will be able to find your local Export Finance Adviser.

It would be a good idea to get in touch and see if they can point you in the right direction.

All the best

David Simpson

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We have both sell and lease offer for BG/SBLC.

LEASED BG/SBLC ON THE EURO CLEAR BANK SCREEN
Leasing fee= 7+2(No Upfront Fee)
Minimum Face Value of BG/SBLC= 50M

A BG/SBLC is raised from a Top AA rated Bank, in your name and Bank Account in the tune of Face value of instrument. The BG/SBLC will be placed on a Euro clear Bank Screen of pages 1-15, Upon confirmation of the Euro clear Bank Screen of pages 1-15 you will pay 1% cash via wire transfer to provider, for Processing and Administration fee. Within 24 hours after the Processing and Administration fee received, MT760 Swift will be transmitted to your Account.
Upon confirmation of MT760 swift, beneficiary pay provider total of 6+2 % of face value via wire transfer for leasing fees and broker commission.

FOR SALE OF BG/SBLC
Sale Price= 38%+ 2%
Minimum Face Value of BG/SBLC= 50M

I look forward to your feedback.

Mr. Olson Michelle
Email : olsonmiclhelle0@gmail.com

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