• Asset Finance: PC's, Machinery, Furnishings, Medical & Electronic Equipment, Vehicles
  
  
• Property Finance: Mortgages & Bridging Loans for Hotels, Pubs, Restaurants, Nursing Homes, Guest Houses, Retail Premises
  
  
• Factoring: Trade Finance, Export Finance, Invoice Discounting
  
  
• Insurance: Life Assurance, Key Man Insurance, Long Term Illness Cover, Personal & Product Liability
  
  
• Venture Capital
  
  
• F.A.Q's Our most Frequently Asked Questions.

MHJ Business Finance.
First Floor Offices,
137 Barnards Green Road, Malvern, Worcestershire,
WR14 3LT

Tel: 01684 568700
Fax: 01684 568711
E.mail: info@mhjfinance.co.uk

Consumer Credit Licence No. 488590.

:: Trade Finance ::

You want the funding to fulfill a confirmed order or an
individual sale, to a credit-worthy customer.

Purchase facility linked to a sales facility
You have a confirmed order from a credit-worthy customer but lack the cash to fulfill it.

How does it work?
We can advance up to 80% of the confirmed order value, to pay your supplier. We pay your supplier or open a letter of credit. You deliver the goods and we invoice your customer once goods have been delivered to and accepted by them. We charge you between 2% and 4% of invoice values. Any monies available up to 80% of the sales invoice value, less the amounts paid to your suppliers, less our fees can be used. We collect the money from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received by us.

Sales facility.
You want additional funding to finance single or multiple transactions with creditworthy customers.

How does it work?
You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods. You invoice us for the goods at an agreed discount, usually between 2% and 4% of the sales price. We advance you up to 80% of the value of your invoice. We invoice your customer for the full amount and collect payment according to your agreed terms. We pay you the balance less our administration fees and cost of money used, once payment has been received.

Purchase facility linked to a Factoring facility.
You have a confirmed order from a creditworthy customer but lack the cash to fulfill it.

How does it work?
You place an order for the finished goods with your supplier. We pay your supplier or open a letter of credit. You deliver the goods and invoice your customer. You then send a copy of the invoice to the Factor who pay MHJ Finance up to 80% of the value of the invoice. The Factor collects payments from your customers and pays you the balance less their fees once your customers have paid.

What does it cost?
We charge an administration fee of between 2% and 3% of the order value to your supplier, and a fee for the cost of money used.

What to do next.
If you would like to find out more about Trade Finance, then call Mark Jones of MHJ Finance today on 0800 358 3033. You'll be talking to an experienced member of our team who will answer your questions and explain in more detail how we can provide a flexible solution for your business. Alternatively send details of your requirements by e-mail or by using our online enquiry form.

Consumer Credit Licence No. 488590.

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Free Phone: 0800 358 3033