Simon King Email & Phone Number

Hi,My name is Simon, I have many years of experience in International Banking and my thing is: Simplified Trade Finance. Because:Doing business internationally creates a whole range of complicated problems.Seeking finance to do business internationally creates even more complicated problems.I believe that complicated problems can be solved by simple solutionsI call it Simplified Trade Finance. Here are some of my current cases:Case One:An engineering company (£6m turnover) who has won a new client in Egypt worth an additional £500k p.a. but can't get invoice finance due to perceived concerns regarding that country’s economic situation.Solution:I introduced a new invoice discount lender who will finance the Egyptian invoices as they amount to less than 10% of the total sales ledger.Case Two:A successful and fast growing recruitment company (£50m turnover) who are looking to expand their business into the USA, but only qualify for small business funding (factoring) as they are effectively a start-up in America.Solution:I introduced a UK lender who also operates in the USA. By leveraging the value of the existing UK banking facilities I can arrange a much improved facility in the USA.Case Three:A small footwear company (£1m turnover) who have won a substantial £7m order but are too small to qualify for a traditional Trade Finance facility. Solution:I introduced a Supplier Chain Finance lender to provide pre-shipment finance for importation of the goods from China. And I introduced a Selective Invoice Discount lender to provide a ‘Pay As You Go’ post-shipment finance facility once the goods have reached the UK.Case Four:A leading and fast growing international management consultant who needs to make it easy for her clients to pay her wherever they are in the world.Solution:I introduced a leading Tier One Fintech with offices in over 32 countries. They can open local currency accounts in a couple of hours and provide highly competitive Foreign Exchange services.I call this Simplified Trade Finance and I love what I do.Please contact me if you think I could help your business to grow internationallysimon@wharffinancial.co.uk