Pre-export finance and prepayment finance

Pre-export finance and prepayment finance guidance:

What are Incoterms and what is their origin? Incoterms—an abbreviation of 'International Commercial Terms'—are a set of globally recognised terms and conditions used in...

Practice Note

Pre-export finance (PXF) is an established structure used to provide finance to producers of goods and commodities (see Practice Note: Pre-export finance—structure,...

Practice Note

What is pre-export finance (PXF)? PXF is an established structure used to provide finance to producers of goods and commodities. It is a type of trade finance. PXF...

Practice Note

PXF facilities are usually secured by: • security over the borrower/producer’s rights under a long term ‘offtake contract’ (ie a sale and purchase contract between the...

Practice Note

Prepayment finance is an established structure used to provide finance directly to buyers of goods and commodities and indirectly to producers of goods and commodities...

Practice Note

What is prepayment finance? Buyers frequently provide finance facilities to commodity producers by way of paying in advance for goods and commodities. Prepayment finance...

Practice Note

Prepayment finance structures are based on two credit agreements: • a prepayment contract (the 'Prepayment Contract') between the buyer/trader (known as the offtaker) and...

Practice Note

Introduction Despite its name, the provisions of the Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) are of general application to companies in the UK and...

Practice Note

Introduction Despite its name, the provisions of the Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) are of general application to companies in the UK and...

Practice Note

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...

Practice Note

Insurance plays an important role in trade and commodity finance transactions. While many of the risks inherent in financing trade can be mitigated or reduced through...

Practice Note