About Us
About Trade Finance Company
Trade Finance Company (TFC) is a global financial firm with offices in the USA, UK, Switzerland, and the UAE. We’ve successfully handled over 40,000 international deals in 100 countries.
We’re not brokers; we directly issue financial instruments like Letters of Credit and Bank Guarantees. Top banks, including HSBC and Standard Chartered, trust and use our instruments.
Our main role is providing businesses with unsecured financial instruments, especially when they lack collateral for bank transactions. We work alongside banks, not against them, with 90% of our business coming from their referrals.
Transactions start at $250k for Letters of Credit and $500k for other guarantees. Fees range from 1%–7% based on the transaction size, with no annual charges.
Why Choose Trade Finance Company?
- Affordable Costs & Many Ways to Pay: Our fees are low, making it easy on your pocket. Plus, we offer different ways to pay, catering to everyone’s needs, especially for those in the trade finance world.
- No Need for Collateral: With us, you don’t need to give any security or property to get our services. This is great for businesses that want to dive into international trade without tying up their assets.
- Quick Service: Time is money, especially in trade finance. We work fast, so you get what you need without any long waits.
- No Upfront Cash Needed: We’re here to help businesses grow. No need to pay any cash upfront, making it even easier to start trading globally.
- We Handle All Goods: Whether you’re trading in food, machines, clothes, or anything else, we’ve got you covered. Our trade finance solutions work for all types of goods.
We’re Trusted by Many: Our long history shows we know our stuff. Many businesses trust us because we deliver reliable trade finance services every time.
Efficient Transaction Process for Your Financial Needs
Experience our simplified transaction process that ensures efficiency and clarity. From application to completion, we guide you every step of the way.
TFC GENERAL PROCEDURES (For Issuing Financial Instruments)
Requirements:
• Completed application form
• Completed CIS form – Certificate of Incorporation and KYC (Passport / Driving License)
• Pro-forma Invoice stating the payment terms for general merchandise
• Copy of Sales/Purchase Contract (SPA) for commodities
• Letter of Intent/ Loan contract / Credit Offer from the lender/supplier for credit facility
• Verbiage of the instrument (if available)
• Latest 6 months Bank Statements showing financial capacity to meet payment requirements
❖ Delivery Methods: *Swift, *Secured Email, *Hard Copy/Courier
Quotation: Transaction amount, the receiving bank details and delivery method are required
Procedures:
1. Upon receiving the client’s application, we conduct a thorough review.
2. Once our assessment Is completed and we are satisfied that all documents are in order, we send an offer letter or term sheet for the client’s review. Upon acceptance, we send the draft of the instrument for review by both the client and supplier/lender.
3. While the supplier/lender reviews the instrument, we arrange a Zoom or in-person meeting with the buyer to discuss the complete transaction structure and payment details.
4. The draft must be approved by the supplier/lender, it must be signed, stamped by either party and returned to us by the client or broker.
5. When the signed draft is received, we will send an agreement/contract for the client to review, sign and send back to us.
6. After receiving the signed contract, an invoice is sent to the client for the issuance fee along with an
- Indemnity document and a Disclaimer for the client to sign. (For deals where the full upfront fee payment is required). Upon receipt of the signed counter indemnity, signed disclaimer, and proof of payment of the issuing fee, the instrument is then sent via SWIFT or Email or Courier to the beneficiary bank (within 72 hours).
7. In the case of pre-issuance and post-issuance fees, we send two (2) invoices to the client for the pre-issuance and post-issuance fees along with a draft of the Promissory Note, an Indemnity document and a Disclaimer for the client to sign.
- Upon receipt of the signed counter indemnity, signed promissory note, and signed disclaimer from the client, along with the proof of payment of the pre-issuing fee, the instrument is then sent via SWIFT or Email or Courier to the beneficiary bank (within 72 hours).
8. A relayed copy of the instrument is emailed to the client.
9. The client is then required to settle the balance of the post-issuance fee within 5 – 10 working days.
10.Goods arrive; the client pays for it and clears them at customs/ports.
END OF TRANSACTION
Note: All transactions must be completed within 10 working days; otherwise, it will be voided, and the facility will be re-allocated to another applicant.
Frequently Asked Questions (FAQs)
What are the fees associated with your services?
Our fees range from 1% to 7% of the transaction size, depending on various factors including the type and complexity of the transaction. There are no annual charges for our services.
How long does it take to issue a financial instrument?
The timeline for issuing a financial instrument can vary, but typically, we can issue instruments within 5 to 10 business days from the completion of all necessary documentation and verification.
Do you work internationally?
Yes, our company is a global financial firm with expertise in handling over 40,000 international deals in 100 countries. We have offices in the USA, UK, UAE, Philippines, Thailand, Hongkong, China and Malaysia.
What is the minimum transaction size for your services?
The minimum transaction size is $250,000 for Letters of Credit and $500,000 for other guarantees such as Bank Guarantees and Standby Letters of Credit.
Can you provide references or testimonials from past clients?
While we maintain client confidentiality and cannot disclose specific details, we can share general testimonials and success rates upon request. Our reputation is built on trust with major banks and countless international businesses.
How does your company ensure compliance with international trade laws?
We adhere strictly to international trade laws and regulations. Our compliance team ensures that all transactions meet legal standards and requirements, safeguarding all parties involved in the transaction.
