Exporting

Exporting goods can allow you to expand your sales and generate additional revenue, but can also present challenges. We can help you manage risks and ease cash flow through the trade cycle.

Speak to a Trade Specialist

For more information about any of our international trade services, please contact your Relationship Manager or call us on 0345 606 0286.

8.30am to 5.30pm, Monday to Friday, except public holidays.

Call us on 0345 606 0286

Documentary Collections

  • Manage cash flow
  • Manage risk
  • A cost-effective way to reduce the risk of non-payment and help manage your cash flow.
  • Ensures you get paid for the goods sent.
  • Your customers can only take delivery of the goods once they have paid for them, or accepted a Bill of Exchange** to pay at a later date. 

Documentary Letters of Credit*

  • Manage cash flow
  • Manage risk
  • Gives you the confidence to release goods knowing that you will get paid.
  • Payment is guaranteed if the terms and conditions of the Letter of Credit are fully met.
  • Funding options available include discounting to receive payment early.

Bonds and Guarantees

  • Manage risk
  • Sometimes required to bid for exporting deals.
  • Gives customers confidence in your business.
  • Helps win new contracts.
  • May allow you to negotiate better trading terms.

Receivables Purchase

  • Manage cash flow
  • Manage risk
  • Unlock the money tied up in invoices that have not yet been paid.
  • We purchase selected receivables due to you from approved customers (debtors).
  • You benefit from early payment of these receivables.
  • When your customer pays you, you repay the funds advanced by Bank of Scotland.

Pre & Post Shipment Finance

  • Manage cash flow
  • Manage risk
  • A simple option to provide short-term funding to improve cash flow.
  • Get paid sooner for the sale of goods or services.
  • Retain control of goods until they are paid for, or a future payment is accepted.
  • We monitor whether the payment is made or accepted.

UKEF Short Term Schemes

  • Manage risk

A UK government initiative to support successful UK export.

UKEF – General Export Facility (GEF)
  • Supporting your export business to free up working capital.
  • Help to fulfil multiple export contracts, ease cash flow constraints and to scale up your export business.

UKEF General Export Facility factsheet (PDF, 93KB)

 

UKEF – Working Capital
  • Access to working capital to fulfil new contracts and help grow your export business.
  • Provides attractive financing to your customers.
UKEF – Bond Support Scheme
  • Strengthen your ability to bid for new contracts with a bond guaranteed by the UK government
  • UKEF can typically guarantee up to 80 per cent of the Guarantee
  • A UKEF backed facility can be used in addition to your existing bank facility

UKEF Bond Support Scheme factsheet (PDF, 457KB)

Get international market insight

Our International Trade Portal provides practical support to help you trade internationally with your chosen market.

Go to the portal

Lloyds Online Trade Services (LOTS)

At no extra cost, the Lloyds Online Trade Services (LOTS) platform provides a simplified and streamlined way for you to manage your trade needs online.

Register for online trade services

Log on to online trade services

Speak to a Trade Specialist

For more information about any of our international trade services, please contact your Relationship Manager or call us on 0345 606 0286.

8.30am to 5.30pm, Monday to Friday, except public holidays.

Please note: the products and services described on this page may require a line of credit.

*All documentary Letters of Credit are issued under universally accepted rules set out in Uniform Customs and Practice for Documentary Credits (UCP) publication 600, issued by the International Chamber of Commerce

**A Bill of Exchange or ‘draft’ is a written order by the drawer (the person drawing the bill) to the drawee (the party on whom the bill is drawn – often a bank) to pay a specific amount to the payee (the beneficiary) at a specified time. If the drawee ‘accepts’ the bill he indicates his commitment to pay the bill. The bill of exchange fulfils multiple roles: as a payment instrument, as a means of granting credit to the drawer and by providing liquidity to the beneficiary if the accepted bill can be discounted.