Unveiling 2024: Market Outlook and Key Trends Get your free copy
-
UK
- Australia - English
- België - Nederlands
- Belgique - Français
- Brazil - Portuguese
- Canada - English
- Canada - Français
- Česká Republika - Čeština
- Deutschland - Deutsch
- España - Español
- France - Français
- Ελλάδα - Ελληνικά
- Hong Kong - English
- Hong Kong - Traditional Chinese
- Italia - Italiano
- Luxembourg - English
- Nederland - Nederlands
- Polska - Polski
- Portugal - Português
- România - Română
- Schweiz - Deutsch
- Suisse - Français
- Sverige - Svenska
- United Arab Emirates - English
- United Kingdom - English
Contact our experts
Ebury London
100 Victoria Street
London
SW1E 5JL
+44 (0) 20 3872 6670
[email protected]
Ebury.com
Fuel your business growth – Funding FAQs
- Go back to blog home
- Latest
1 March 2016
Marketing Executive at Ebury. English Literature graduate from the University of York and a motivated professional.
You can get an unsecured credit line to finance international and domestic purchases from your suppliers, alleviating challenging cash-flow issues.
We’ve compiled a list of frequently asked questions to get you started.
Does my business qualify for funding?
Right now we accept buyers from the UK and Ireland with above £1 million in annual revenues and £100,000 of net assets and/or shareholder funds. As a general guideline, we look for a minimum two years’ healthy trading record, and up-to-date statutory and management accounts. Our finance is for any industry sector.
How do I apply?
Fill out an application form or contact us directly. We’ll then discuss your needs in an initial call and negotiate on your behalf with a range of credit insurers and funders.
Does Ebury run a credit check before offering funding?
After the application has been submitted and we’ve completed the initial call, we’ll run our internal checks. This has no impact on your personal or company credit rating.
Do I have to provide security or a guarantee on the funds?
We offer unsecured lending via a Bill of Exchange. We don’t take title over the goods or a charge over the business. In rare cases we request a personal guarantee or cross company guarantee.
What documentation do I need to provide?
We require financial information to properly assess your business. This usually includes, for example, two years of full accounts, monthly management accounts for the past 12 months and a list of aged debtors and creditors.
Can I maintain my existing trading terms with my counterparties?
Generally speaking, yes. Each counterparty must sign an Ebury agreement to enrol, but following that, buyers and suppliers are free to share documentation as normal.
Will the solution conflict with my existing banking relationships?
No, our credit facility will not conflict with your existing banking and finance relationships.
Can I use Ebury’s solution to pay all my suppliers?
Yes, provided they are not related business entities (ie shared ownership), and they meet our supplier enrolment criteria. You can pay as many suppliers as you like this way once they sign our supplier payment guarantee framework agreement. Our facility can be used to make payments to any country worldwide – this includes to domestic suppliers.
How long does it take to set up the facility?
Once you have submitted all the required information the process usually takes two to three working days.
How long will it take for the fund to be paid?
Once you have your account funds it takes just one to two days to reach your suppliers.
Can I repay in stages?
Not on one single invoice, but if we make payments to multiple suppliers you can repay them individually.
Still got questions? We’re here to help.
Cookies and Privacy
This site uses cookies to ensure you get the best experience. For more information see our Privacy NoticeAccept Settings Reject
Privacy Overview
Cookie | Duration | Description |
---|---|---|
cf_use_ob | past | This cookie is set by the provider Cloudflare content delivery network. This cookie is used for determining whether it should continue serving "Always Online" until the cookie expires. |
cookielawinfo-checkbox-advertisement | 1 year | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement". |
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors. |
_ga_P8154YCRDP | 2 years | This cookie is installed by Google Analytics. |
_gat_gtag_UA_51187572_50 | 1 minute | Google uses this cookie to distinguish users. |
_gid | 1 day | This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visted in an anonymous form. |
_hjFirstSeen | 30 minutes | This is set by Hotjar to identify a new user’s first session. It stores a true/false value, indicating whether this was the first time Hotjar saw this user. It is used by Recording filters to identify new user sessions. |
_hjid | 1 year | This cookie is set by Hotjar. This cookie is set when the customer first lands on a page with the Hotjar script. It is used to persist the random user ID, unique to that site on the browser. This ensures that behavior in subsequent visits to the same site will be attributed to the same user ID. |
CONSENT | 16 years 4 months 14 hours 27 minutes | These cookies are set via embedded youtube-videos. They register anonymous statistical data on for example how many times the video is displayed and what settings are used for playback.No sensitive data is collected unless you log in to your google account, in that case your choices are linked with your account, for example if you click “like” on a video. |
pardot | past | The cookie is set when the visitor is logged in as a Pardot user. |
Cookie | Duration | Description |
---|---|---|
IDE | 1 year 24 days | Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. This is used to present users with ads that are relevant to them according to the user profile. |
test_cookie | 15 minutes | This cookie is set by doubleclick.net. The purpose of the cookie is to determine if the user's browser supports cookies. |
VISITOR_INFO1_LIVE | 5 months 27 days | This cookie is set by Youtube. Used to track the information of the embedded YouTube videos on a website. |
YSC | session | This cookies is set by Youtube and is used to track the views of embedded videos. |
yt-remote-connected-devices | never | These cookies are set via embedded youtube-videos. |
yt-remote-device-id | never | These cookies are set via embedded youtube-videos. |
Cookie | Duration | Description |
---|---|---|
_lfa | 2 years | This cookie is set by the provider Leadfeeder. This cookie is used for identifying the IP address of devices visiting the website. The cookie collects information such as IP addresses, time spent on website and page requests for the visits.This collected information is used for retargeting of multiple users routing from the same IP address. |