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An independent annual ranking of trade finance for importers, exporters and wholesalers, scored from each provider's own published terms. 14 providers, six criteria, nothing paid for.
Scores out of 100. Each segment weights the criteria differently; the method is below. Facts read on 21 October 2026 from the providers' own pages.
The mean of the 3 segment scores.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Wayflyer | 78 | Irish non-bank lender | Inventory funding for brands and wholesalers |
| 2. Settle | 65 | US fintech lender | US consumer brands extending supplier terms to 180 days |
| 3. Ebury | 65 | UK e-money institution with trade lending | Unsecured import finance with FX in one account |
| 4. HSBC Hong Kong | 62 | Hong Kong bank | Asian traders needing letters of credit and trade loans |
| 5. Virgin Money (Nationwide) | 60 | UK building society (Nationwide) | UK exporters using a UK Export Finance backed facility |
| 6. Kriya | 58 | UK non-bank lender, owned by Allica Bank | UK exporters financing invoices to overseas buyers |
| 7. Funding Societies | 54 | Singapore non-bank lender | Singapore SMEs paying overseas suppliers |
| 8. Tradewind Finance | 48 | Non-bank trade finance group based in Germany | Export factoring with credit protection |
| 9. Credlix | 46 | Indian export finance platform | Indian exporters selling to the US and Europe |
| 10. Drip Capital | 46 | Trade finance company (US and India) | Unsecured supplier payment terms for US importers |
| 11. Clearco | 41 | E-commerce funder for US brands | US e-commerce brands paying overseas suppliers' invoices |
| 12. Bibby Financial Services | 41 | UK non-bank invoice financier, Bibby Line Group | UK exporters wanting invoice finance with bad debt cover |
| 13. 8fig | 40 | E-commerce funder (US and Canada) | Online sellers funding inventory and supply chain costs |
| 14. NatWest | 29 | UK bank | UK businesses wanting a full bank trade finance range |
Weighted to the cost of paying suppliers early: 25% published cost, 20% products, 15% each for size, speed and access, 10% standing.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Wayflyer | 79 | Irish non-bank lender | Inventory funding for brands and wholesalers |
| 2. Ebury | 64 | UK e-money institution with trade lending | Unsecured import finance with FX in one account |
| 3. Settle | 64 | US fintech lender | US consumer brands extending supplier terms to 180 days |
| 4. HSBC Hong Kong | 63 | Hong Kong bank | Asian traders needing letters of credit and trade loans |
| 5. Virgin Money (Nationwide) | 60 | UK building society (Nationwide) | UK exporters using a UK Export Finance backed facility |
| 6. Kriya | 58 | UK non-bank lender, owned by Allica Bank | UK exporters financing invoices to overseas buyers |
| 7. Funding Societies | 52 | Singapore non-bank lender | Singapore SMEs paying overseas suppliers |
| 8. Tradewind Finance | 47 | Non-bank trade finance group based in Germany | Export factoring with credit protection |
| 9. Credlix | 45 | Indian export finance platform | Indian exporters selling to the US and Europe |
| 10. Drip Capital | 44 | Trade finance company (US and India) | Unsecured supplier payment terms for US importers |
| 11. 8fig | 41 | E-commerce funder (US and Canada) | Online sellers funding inventory and supply chain costs |
| 12. Clearco | 40 | E-commerce funder for US brands | US e-commerce brands paying overseas suppliers' invoices |
| 13. Bibby Financial Services | 40 | UK non-bank invoice financier, Bibby Line Group | UK exporters wanting invoice finance with bad debt cover |
| 14. NatWest | 29 | UK bank | UK businesses wanting a full bank trade finance range |
Weighted to getting paid sooner: 20% each for products, cost and speed, 15% size, 15% access, 10% standing.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Wayflyer | 79 | Irish non-bank lender | Inventory funding for brands and wholesalers |
| 2. Settle | 66 | US fintech lender | US consumer brands extending supplier terms to 180 days |
| 3. Ebury | 65 | UK e-money institution with trade lending | Unsecured import finance with FX in one account |
| 4. HSBC Hong Kong | 64 | Hong Kong bank | Asian traders needing letters of credit and trade loans |
| 5. Kriya | 60 | UK non-bank lender, owned by Allica Bank | UK exporters financing invoices to overseas buyers |
| 6. Virgin Money (Nationwide) | 57 | UK building society (Nationwide) | UK exporters using a UK Export Finance backed facility |
| 7. Funding Societies | 55 | Singapore non-bank lender | Singapore SMEs paying overseas suppliers |
| 8. Tradewind Finance | 50 | Non-bank trade finance group based in Germany | Export factoring with credit protection |
| 9. Drip Capital | 48 | Trade finance company (US and India) | Unsecured supplier payment terms for US importers |
| 10. Credlix | 48 | Indian export finance platform | Indian exporters selling to the US and Europe |
| 11. Clearco | 44 | E-commerce funder for US brands | US e-commerce brands paying overseas suppliers' invoices |
| 12. Bibby Financial Services | 43 | UK non-bank invoice financier, Bibby Line Group | UK exporters wanting invoice finance with bad debt cover |
| 13. 8fig | 42 | E-commerce funder (US and Canada) | Online sellers funding inventory and supply chain costs |
| 14. NatWest | 29 | UK bank | UK businesses wanting a full bank trade finance range |
Weighted to funding the gap between buying and selling at scale: 20% each for products, cost, size and access, 10% speed, 10% standing.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Wayflyer | 76 | Irish non-bank lender | Inventory funding for brands and wholesalers |
| 2. Ebury | 66 | UK e-money institution with trade lending | Unsecured import finance with FX in one account |
| 3. Settle | 66 | US fintech lender | US consumer brands extending supplier terms to 180 days |
| 4. Virgin Money (Nationwide) | 62 | UK building society (Nationwide) | UK exporters using a UK Export Finance backed facility |
| 5. HSBC Hong Kong | 58 | Hong Kong bank | Asian traders needing letters of credit and trade loans |
| 6. Kriya | 56 | UK non-bank lender, owned by Allica Bank | UK exporters financing invoices to overseas buyers |
| 7. Funding Societies | 54 | Singapore non-bank lender | Singapore SMEs paying overseas suppliers |
| 8. Tradewind Finance | 48 | Non-bank trade finance group based in Germany | Export factoring with credit protection |
| 9. Drip Capital | 46 | Trade finance company (US and India) | Unsecured supplier payment terms for US importers |
| 10. Credlix | 46 | Indian export finance platform | Indian exporters selling to the US and Europe |
| 11. Clearco | 40 | E-commerce funder for US brands | US e-commerce brands paying overseas suppliers' invoices |
| 12. Bibby Financial Services | 40 | UK non-bank invoice financier, Bibby Line Group | UK exporters wanting invoice finance with bad debt cover |
| 13. 8fig | 38 | E-commerce funder (US and Canada) | Online sellers funding inventory and supply chain costs |
| 14. NatWest | 30 | UK bank | UK businesses wanting a full bank trade finance range |
Each criterion is scored 0 to 5 against the best published offer in this edition. 0 means not offered or not published.
| Provider | Products | Published cost | Facility size and tenor | Speed | Access | Standing |
|---|---|---|---|---|---|---|
| Wayflyer | 3 | 5 | 3 | 5 | 4 | 3 |
| Settle | 3 | 2 | 5 | 4 | 3 | 3 |
| Ebury | 4 | 2 | 4 | 3 | 3 | 4 |
| HSBC Hong Kong | 5 | 3 | 1 | 4 | 1 | 5 |
| Virgin Money (Nationwide) | 5 | 3 | 3 | 0 | 2 | 5 |
| Kriya | 4 | 2 | 1 | 4 | 3 | 4 |
| Funding Societies | 5 | 0 | 3 | 3 | 2 | 4 |
| Tradewind Finance | 5 | 0 | 1 | 3 | 3 | 3 |
| Credlix | 5 | 0 | 2 | 3 | 2 | 2 |
| Drip Capital | 3 | 0 | 3 | 4 | 3 | 1 |
| Clearco | 3 | 0 | 2 | 4 | 2 | 2 |
| Bibby Financial Services | 4 | 0 | 1 | 3 | 2 | 3 |
| 8fig | 0 | 3 | 1 | 4 | 3 | 1 |
| NatWest | 4 | 0 | 0 | 0 | 1 | 5 |
6 criteria, scored only from what each provider publishes.
Supplier finance, receivables and invoice finance, purchase order finance, working capital, letters of credit, guarantees and trade credit insurance.
A published rate, discount or fee with a worked example, so a business can price the facility before applying.
The range of facility sizes and the length of credit, from small first facilities to multi-million lines and terms to 180 days.
The stated time to approval and to funding.
Which countries of borrower are funded, the minimum revenue or trading history, and whether a personal guarantee is required.
Regulatory status, the source of funding and how long the provider has published its terms.
| Criterion | Importers | Exporters | Wholesalers |
|---|---|---|---|
| Products | 20 | 20 | 20 |
| Published cost | 25 | 20 | 20 |
| Facility size and tenor | 15 | 15 | 20 |
| Speed | 15 | 20 | 10 |
| Access | 15 | 15 | 20 |
| Standing | 10 | 10 | 10 |
| Criterion | 5 | 3 | 0 |
|---|---|---|---|
| Products | Four or more trade products including supplier and receivables finance | Two products | One product, or not published |
| Published cost | A rate or fee published with a worked example | A rate range published without an example | No price published |
| Facility size and tenor | From under $50,000 to $5 million or more, tenors to 150 days or longer | A narrower published range | Not published |
| Speed | Approval within 48 hours and funding within a week, published | Approval within two weeks | Not published |
| Access | Borrowers from 50 or more countries, published minimums, no personal guarantee | One region, or a personal guarantee required | Not published |
| Standing | A bank or regulated lender with published funding sources | An established non-bank with published history | Funding source and status not published |
Score out of 100 is the sum of each criterion score divided by five and multiplied by its weight. The overall ranking is the mean of the segment scores. Ties are broken by published cost, then access. A provider that does not publish a price is scored as though the price were high, because a business cannot plan on an unpublished price. Prices are scored on the standard published rate, never an introductory, promotional or "from" rate, and a figure counts only when it appears on a pricing, fee or terms page rather than in a marketing line. A provider that serves one country only is scored on access for that country, and the limitation is printed in its profile.
What each provider publishes, criterion by criterion, with the date read and the source.
A Dublin-based lender to consumer brands, wholesalers and retailers that finances inventory up to $20 million and merchant cash advances. It publishes a worked fee example and states that no personal guarantee is required.
| Legal status | 'Wayflyer Limited trading as "Wayflyer", registered in Ireland under company number 602786', registered office One Spencer Dock, North Wall Quay, Dublin 1. No licence or regulator named; platform terms 'governed by Irish law' (effective 14 October 2026). |
| Products | Inventory financing ('a smarter alternative to PO financing and invoice factoring'), merchant cash advance ('Our core funding product') and fixed-term loans. |
| Published cost | Inventory financing worked example: $100,000 financed, $4,200 fee, $104,200 to repay. Help centre: one fixed fee 'typically between 5% and 10% of the total advance amount', example $100,000 at 6% = $6,000 fee. No interest, set-up, prepayment or late fees listed. |
| Facility size and tenor | Inventory financing 'up to $20M'; minimum not published. Repayment of the amount plus a fixed fee in set instalments (weekly, bi-weekly and monthly are shown); the FAQ says inventory financing typically bridges '30 to 120 days'. Term length not stated. |
| Speed | Offer 'in as little as 24 hours'; funds 'within 1-3 business days' (help centre) or 'as little as 24 hours' after approval (inventory page). |
| Who can apply | Funding generally: incorporated in the United States, Canada, United Kingdom, Australia, Ireland, Spain, the Netherlands, Belgium, Denmark, Germany or Sweden; minimum average monthly revenue $10,000 (or EUR 10,000, GBP 10,000, AUD 20,000, CAD 20,000) for 6 months; 6 months trading for goods sellers. Inventory financing: US, UK or Australia, 12 months trading. 'No personal guarantees.' Dropshippers not funded. |
| Funding and history | Offices in Dublin, Charlotte, London, New York, Sydney and Berlin (terms page). Customer agreements are with 'a Wayflyer group company'; no external funder named. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: wayflyer.com, help-center.wayflyer.com, help-center.wayflyer.com, help-center.wayflyer.com, wayflyer.com.
A US accounts payable platform for consumer brands that pays vendor bills, including international wires in 90 currencies, and lends against them from $20,000 to $15 million with repayment from 30 days extendable to 180 days. It explains its simple interest pricing with an example but does not publish its rate.
| Legal status | 'Settle Inc.', 36 W 20th St #10, New York, NY 10011. The financing page does not name the lending entity, a partner bank or any state lending licence. |
| Products | Working Capital: Settle pays supplier bills on Extended Payment Terms (single repayment) or Amortized Terms; purchase order financing mentioned in the FAQ. Bill pay to international vendors 'via no or low-cost wire transfer in either USD or a foreign currency' (90 currencies). |
| Published cost | Simple interest on the outstanding balance; no base rate or fee schedule. FAQ illustration: a 1.4% monthly simple-interest rate equals a 17.03% APR. International wires $13 to $15 by plan. |
| Facility size and tenor | 'Approvals from $20K to $15M.' Repayment due in 30 days, extendable to 180 days (help centre: in 30-day steps up to 120 days for Extended Payment Terms). |
| Speed | Approval in 1 to 3 business days; 'Most founders get funds in a few days'. Each financed payment reviewed in 1 to 2 business days. |
| Who can apply | Consumer brands that hold inventory; trailing twelve-month revenue of at least $500,000; at least one year in operation. Personal guarantees 'typically' not required. US focus implied; countries not stated. |
| Funding and history | 'Funded over $4B'; a $240M credit facility from a financial institution and an NYC asset manager. Investors include Ribbit Capital, Kleiner Perkins and Founders Fund. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: settle.com, help.settle.com, help.settle.com.
A cross-border payments and FX firm that also lends: its Supplier Payment Finance line pays suppliers in most currencies with repayment within 150 days, and its export finance advances 90% of invoices. Sizes, tenor and eligibility are published; the interest rate is set in each client's terms.
| Legal status | 'Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (reference number: 900797).' EU: Ebury Partners Belgium NV/SA, a payment institution (Spanish branch supervised by the Bank of Spain, registration 6889). The financing pages do not name the lending entity: 'availability depends on the entity's regulatory permissions'. |
| Products | Supplier Payment Finance, an unsecured credit line to pay suppliers, raw materials and freight 'in most currencies'. Trade finance page: import finance (repay 'up to 150 days later') and export finance ('Provide your buyers credit': 90% of the invoice paid up front, buyers repay 'up to 120 days later'). |
| Published cost | Set-up costs £0; interest only on the amount drawn 'at a rate pre-decided and mentioned in your terms and conditions'; 'zero fees for early repayment and any unused credit'. The trade finance page's worked example uses a 'Representative example of 0.5% per month funding cost'; no standard rate published. |
| Facility size and tenor | 'Access unsecured credit lines from £50K to £5M.' 'Sell your goods and repay Ebury within 150 days.' |
| Speed | Account and credit line set-up 'usually takes up to two weeks'; funds 'available to draw and pay your suppliers as soon as you sign your T&Cs'. |
| Who can apply | Operating revenue of GBP 1M or more; tangible net worth above GBP 100,000; at least 2 years of trading. Countries not listed: 'Ebury's product offerings may vary based on your country of origin.' Unsecured; 'In rare cases, we may require a personal or cross-company guarantee'. |
| Funding and history | Client funds held in separate accounts under safeguarding and client money rules. Funding source for the credit line not named. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: ebury.com, ebury.com, ebury.com, ebury.com.
HSBC's Hong Kong commercial bank publishes a full trade services tariff covering letters of credit, collections, trade loans, guarantees and receivables finance, and a quick-approval SME trade loan of up to HKD 1.5 million. Interest rates are not published.
| Legal status | 'The Hongkong and Shanghai Banking Corporation Limited'. |
| Products | Import and export documentary credits, documentary collections, buyer and seller trade loans, guarantees and standby credits, receivables financing (buyer credit protection), and HSBC TradePay for SMEs ('A 2-in-1 flexible SME loan and payment solution'). |
| Published cost | Trade Services and Guarantees tariff (listed under the Nov 2026 issue): import DC opening commission 0.25% per six-month validity (min HKD 500); amendments HKD 600; buyer and seller loans handling commission 0.25% (min HKD 500); import and export collections 0.125% (min HKD 550); DC document checking HKD 850 per set; guarantees 2% (min HKD 2,000) or 2.5% for payment guarantees (min HKD 2,500); standby DC 2% p.a. (min HKD 1,000). TradePay: interest rate not published, fees 'subject to negotiation', set-up fee HKD 2,000 (waived for eligible new customers to 31 December 2026). |
| Facility size and tenor | TradePay: 'Up to HKD1.5m' revolving; tenor not stated. Other facility sizes not published. |
| Speed | TradePay: in-principle result 'within 10 minutes' of applying online; same-day results for applications 8am to 9pm on weekdays; 'Instant loan drawdown', with payments 'subject to processing time'. |
| Who can apply | TradePay 'subject to prior credit adjudication and approval' and 'available in selected sites'; 'No tangible collateral or financial statement required'. Country and turnover criteria not published. |
| Funding and history | A bank within the HSBC group; funding source not stated on the pages read. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.business.hsbc.com.hk, www.business.hsbc.com.hk, www.business.hsbc.com.hk.
Virgin Money's business bank, part of Nationwide since April 2026, offers letters of credit, collections, guarantees, trade loans and a UK Export Finance backed General Export Facility of up to GBP 31.25 million. Its international trade tariff publishes commissions; loan pricing is not published.
| Legal status | Tariff issued by 'Nationwide Building Society (trading as Virgin Money)'. Following court approval on 23 February 2026, Virgin Money's business transferred to Nationwide on 2 April 2026; 'Nationwide is now your account provider'. FSCS 'protects eligible deposits up to £120,000 per person'. |
| Products | Import and export letters of credit, documentary collections, international guarantees and bonds, import and export trade loans, avalisations and bill discounting, and the General Export Facility (UK Export Finance backed). |
| Published cost | International trade tariff: import LC 'Opened 0.35% per first 3 months or part thereof. Min £75.00', then 0.12% a month; export LC advising GBP 50, acceptance 0.15% a month (min GBP 50); sight collections 0.275% (min GBP 30, max GBP 100); usance collections 0.4% (min GBP 40, max GBP 120); guarantees '2.5% per annum' plus GBP 160 establishment fee. Trade loan pricing not published; General Export Facility: 'Arrangement fees are payable every year'. |
| Facility size and tenor | General Export Facility 'up to a maximum equivalent £31.25m', standard terms up to 2 years (up to 5 with approval). Other sizes and tenors not published. |
| Speed | Processing times not published. |
| Who can apply | Business 'must be based and operate in the UK', excluding the Channel Islands, Isle of Man and Northern Ireland; applicants 18 or over. General Export Facility: at least 5% export sales in each of the last three years, or over 20% in any one year. |
| Funding and history | A UK building society taking FSCS-protected deposits; 'Virgin Money are members of the UK Government Export Finance Scheme'. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: uk.virginmoney.com, uk.virginmoney.com, uk.virginmoney.com, uk.virginmoney.com.
A UK invoice finance and B2B pay-later provider, now owned by Allica Bank. It finances exports to buyers in 45 or more countries in sterling, dollars and euros, funds within 24 hours and publishes several fixed fees, but not its interest rates.
| Legal status | 'Kriya Finance Limited', registered in England and Wales (No. 07330525), 'supervised by the Financial Conduct Authority for anti-money laundering purposes' (FCA reference no: 750199). The site states 'Allica Bank acquired Kriya in 2026' and 'As of October 2025, Kriya is now owned by Allica Bank'. |
| Products | Kriya Invoice Finance ('Finance your exports in 45+ countries', credit in 'Sterling, US Dollars, Euros, Australian Dollars, and more'); Kriya PayLater (payment terms for business buyers, advance funded within 24 hours); business loans; embedded PayLater for platforms. |
| Published cost | PayLater: fixed interest fees on payment terms, a monthly minimum utilisation fee, a £15 listing fee per advance and a £1,000 annual portal licence fee. Invoice Finance: variable interest accruing daily, a monthly subscription and a GBP 15 listing fee per trade. Interest rates not published. Late fees from 1.5% (PayLater) and up to 10% of the overdue balance (Invoice Finance). |
| Facility size and tenor | 'Get up to 90% of your invoice funded within 24 hours.' Facility sizes not published. Buyer terms of 30, 60 and 90 days shown. |
| Speed | Buyer credit checks 'instant'; invoices funded 'within 24 hours' of upload; PayLater '24 hour committed funding'. |
| Who can apply | Invoice Finance: businesses 'that have been trading for a minimum of 12 months' that 'have submitted at least one set of financial accounts' (FAQ: three months minimum for PayLater). Limited companies, LLPs, limited partnerships and sole traders. UK registration implied, not stated. Personal guarantee not mentioned; 'Security required' shown for both products. |
| Funding and history | Invoice Finance described as 'Investor driven funding' with 'No guaranteed capital'; PayLater 'On-demand funding'. Owned by Allica Bank. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.kriya.co, www.kriya.co, www.kriya.co, www.kriya.co.
An SME lender that in Singapore offers accounts payable financing for worldwide purchases, receivables financing to 120 days and a trade term loan. It publishes limits, tenors and eligibility but no rates, and serves Singapore companies only.
| Legal status | Products 'fulfilled by FS Capital Pte Ltd' (Business Registration No. 201631787R; no licence number listed). Funding Societies Pte. Ltd. holds CMS Licence No. CMS100572. A 'Participating Financial Institution under Enterprise Singapore's (ESG) Enterprise Financing Scheme'. |
| Products | Accounts Payable Financing ('worldwide purchases'; non-SGD payments through a cross-border payments partner); Accounts Receivable Financing (notified or non-notified); Trade Term Loan; revolving credit line and term loans. Does not issue letters of credit. |
| Published cost | No rate or fee published: 'We will inform you of the costs and fees involved upfront' (receivables page). |
| Facility size and tenor | AP Financing 'up to $500k', tenor 'up to 90 days'. AR Financing 'Credit line up to SGD 1 million', tenors of 30, 60, 90 to 120 days, up to 90% of invoice value (80% in the page description). Trade Term Loan 'limits from SGD 100K to 300K', each drawdown repaid in 6 monthly instalments. |
| Speed | AP: suppliers paid '100% upfront in 3 working days'. Trade Term Loan: 'Funds disbursed within 2 working days upon drawdown.' Approval time not published. |
| Who can apply | Singapore-registered Pte Ltd or LLP. AP: more than 12 months operating. AR: 6 months operating and 'Minimum 30% shareholding by a Singapore Citizen or Permanent Resident'. Trade Term Loan: one year in business, turnover S$1M to S$20M and 'Personal guarantee from owners holding at least 30% shareholding'. |
| Funding and history | Part of the Funding Societies group; Enterprise Singapore scheme participant. Funding source not named. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: fundingsocieties.com, fundingsocieties.com, fundingsocieties.com.
A specialist trade finance group founded in 2000, offering export factoring, import finance and supply chain finance through more than 20 offices in 14 countries. It publishes advance rates and funding speed but no prices or facility sizes.
| Legal status | Not stated on the pages read. The site refers to 'Tradewind Group companies'; corporate address Flughafenstrasse 83, 41066 Moenchengladbach, Germany. Members of the International Factoring Association, the Commercial Finance Association (SW Chapter) and FCI. 'Tradewind Group companies do not issue standby letters of credit (SBLCs) on behalf of their clients.' |
| Products | Export factoring (recourse and non-recourse), selective invoice finance, export invoice financing, reverse factoring, import finance ('Pre-import financing', 'Purchase order financing', 'Inventory financing', 'Letters of credit', 'Working capital lines', 'Supplier financing programs'), supply chain and vendor finance. |
| Published cost | No fee or rate published. The reserve is released 'minus the agreed factoring fees'. |
| Facility size and tenor | Facility sizes not published. Advance 'up to 95% of the invoice value' on the export factoring page; 'typically up to 90%' and 'typically 70-90%' elsewhere. Maximum tenor not published. |
| Speed | 'We advance up to 95% of the invoice value and fund within 24-48 hours of verifying your invoices.' Approval time not published. |
| Who can apply | Clients are 'mainly small and medium-sized companies'; 'Our financing transactions span over 30 countries in more than 20 industries'. No minimum turnover or trading history published. Personal guarantee not mentioned; export factoring page: 'No collateral necessary'. |
| Funding and history | 'Our company opened its doors in 2000.' 'We now operate more than 20 offices in 14 countries.' Funding source not named beyond 'global bank partnerships'. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.tradewindfinance.com, www.tradewindfinance.com, www.tradewindfinance.com, www.tradewindfinance.com.
An Indian export finance platform offering non-recourse export factoring of up to 90% of invoice value with limits to $5 million for buyers in the US, Europe and other investment-grade markets. It publishes eligibility but no rates.
| Legal status | The page does not name Credlix's own lending entity or an RBI or IFSCA registration for export products. Domestic products via 'Vanik Finance Private Limited', described as an 'NBFC approved by RBI'. FCI member since 2021. |
| Products | Export factoring (non-recourse), PO finance, sales bill discounting and import factoring. |
| Published cost | No rate published; 'competitive export financing rates' and 'no hidden fees'. |
| Facility size and tenor | 'avail limits up to $5 Million'; 'an advance of up to 90% of the invoice value after goods delivery is verified'. Buyer terms of 30, 60 or 90 days shown; facility tenor not stated. |
| Speed | 'Instant approval, quick disbursal'; funds 'within days' of delivery verification. |
| Who can apply | Manufacturing-led exporters with annual turnover of INR 20 crore or more, non-perishable goods and buyer relationships of typically 6+ months, exporting to the USA, Mexico, Europe, Singapore and 'other investment-grade countries'. 'Completely collateral-free'; personal guarantee not mentioned. |
| Funding and history | Funding partner for exports not named. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.credlix.com.
A trade finance lender serving US importers and Indian exporters. In the US it pays domestic and international vendors on an unsecured credit line repaid up to 120 days later; in India it factors export invoices. It does not publish a standard rate.
| Legal status | Not stated on the pages read. The US site describes 'supply chain and invoice financing products' for 'small, medium and large sized firms in the United States'. No licence or lending entity named. |
| Products | US: unsecured business credit line, 'Buy Now, Pay 120 Days Later': Drip pays 'domestic and international vendors' and the customer repays later; supply chain and invoice financing. India: export factoring with an 80% advance and a 'post-shipment export credit line'. |
| Published cost | US: no rate published ('the most competitive rates'). India export factoring: 'Cost of export financing can be as low as 0.7% per month basis credit evaluation' (a 'from' figure, not scored as a standard rate). |
| Facility size and tenor | US: starting limits 'Up to $3 million USD'; repayment up to 120 days after the vendor is paid. India: 'Credit limit up to $2.5 Million'. Minimum not published. |
| Speed | US: 'Get funded in 24 hours.' India: '80% of the invoice value will be funded within 24 hours'. Approval time not published. |
| Who can apply | Regions offered: USA, India, Mexico and 'Global'. No minimum revenue or trading history published. US: no personal guarantee, no UCC filing, 'no collateral'; 'No prepayment penalties'. |
| Funding and history | Trading volume, history and funding sources not published on the pages read. India: 'Drip Capital is a Trade Finance Company'. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.dripcapital.com, www.dripcapital.com, www.dripcapital.com, www.dripcapital.com.
A funder for US e-commerce brands that pays supplier invoices, including by international wire, and lets the brand repay over 4 to 12 months. It publishes a starting fee only, and serves US-incorporated businesses with high revenue.
| Legal status | Footer names 'Clear Finance Technology Corporation'; 'Clearco provides the funding so you can pay supplier invoices on time.' No licence or regulator named. |
| Products | Invoice Funding (Clearco pays the vendor by 'domestic or international ACH/Wire'; invoices in AUD, EUR, USD, CAD or GBP; 'supplier invoices, purchase orders, or vendor bills'), Cash Advance ('On-demand working capital') and Fixed or Rolling Funding Capacity. |
| Published cost | 'Fees start at 3.5%' (a 'from' figure, not scored as a standard rate). Fixed fee with no periodic or compounding interest; 'the fee will never increase throughout the duration of the extension plan'. No worked example. |
| Facility size and tenor | '4-12 month estimated terms', capped weekly payments. Funding amounts not published. |
| Speed | Available capacity may show on the dashboard within a day or two of connecting sales and bank accounts; each invoice review 'can take 1-2 business days'; customers are asked to allow 'at least a 3-5 day buffer' for payment to land. Time to funding not stated. |
| Who can apply | 'Incorporated status in the United States of America' and a US checking account; '6+ months of revenue greater than $100,000/month' from connected e-commerce platforms. Wholesale, dropshipping, brick and mortar and marketplaces not funded. Vendor 'cannot be in a country sanctioned by North America'. 'No personal guarantees' and 'No all-asset liens'. |
| Funding and history | Funding source not published on the pages read. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: help.clear.co, help.clear.co, help.clear.co, clear.co.
An independent invoice finance provider founded in 1982 and owned by the Bibby Line Group, funding more than 8,500 businesses. Its export finance gives access to up to 85% of invoice value within 24 hours, with optional bad debt protection; it publishes no prices or sizes.
| Legal status | 'Bibby Financial Services Ltd', registered number 3530461 (website footer). No regulator or authorisation stated. |
| Products | Export Finance, Invoice Finance, Bad Debt Protection ('Protect up to 90% of your bad debts'), Foreign Exchange, Asset Finance, Construction and Recruitment Finance. |
| Published cost | No fee published; remaining funds released 'minus any pre-agreed fees'. FX: 'zero fees on payments'. |
| Facility size and tenor | Export Finance: 'Access up to 85% of your funds'; 'Funding is available for international sales for one or several customers in a wide range of overseas markets.' Sizes and tenors not published. |
| Speed | Export Finance: funds available 'within 24 hours'. Approval time not published. |
| Who can apply | 'small and medium-sized businesses' that export; no turnover minimum or personal guarantee terms published. Operates in the Czech Republic, France, Germany, the Republic of Ireland, Poland, Singapore, Slovakia and the UK. |
| Funding and history | 'Formed in 1982'; part of the Bibby Line Group, 'a family-owned business formed in 1807'. 'We fund more than 8,500 businesses.' |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.bibbyfinancialservices.com, www.bibbyfinancialservices.com, www.bibbyfinancialservices.com.
A funder for online sellers that covers up to 90% of supply chain costs, including inventory, through a single Growth Plan. It publishes an indicative cost per $100,000 and clear revenue minimums but no legal entity or facility terms.
| Legal status | Not stated on the pages read; no legal entity or lender is named. |
| Products | One product, the Growth Plan: funding that 'funds up to 90% of your supply chain costs, including inventory', with a personalised remittance schedule. |
| Published cost | '8fig does not charge interest but instead Cost of Capital', a flat fee for the plan. Most 8fig sellers remit '$6,000 to $10,000 for every $100,000 included in their Growth Plan' (FAQ). No worked example. |
| Facility size and tenor | '8fig doesn't set a limit on the amount of funding.' Minimum and term length not published. |
| Speed | Offer 'either immediately or within one to two days'; 'approved and have access to funds in days'. |
| Who can apply | United States and Canada (excluding Quebec). FAQ: annual revenue over $100,000, average monthly revenue of at least $12,000 over 3 months, at least 6 valid months; other pages say one year and $8,000 a month. Amazon, Shopify, eBay, BigCommerce, WooCommerce and Wix sellers; no dropshippers or sole proprietorships. No credit check. Personal guarantee not mentioned. |
| Funding and history | Funding source and company history not published on the pages read. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: www.8fig.co, www.8fig.co, www.8fig.co, www.8fig.co.
A UK clearing bank offering letters of credit, collections, bonds and guarantees, trade loans and invoice finance. Its trade pages publish no prices, sizes or timeframes, so it scores mainly on range and standing.
| Legal status | 'National Westminster Bank plc', registered in England and Wales No. 929027, 250 Bishopsgate, London EC2M 4AA. 'Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority', Firm Reference Number 121878. |
| Products | Bonds, guarantees and standby letters of credit; letters of credit; documentary collections; trade loans ('a tailored funding solution based on your working capital needs' that 'could be used as a revolving facility'); invoice finance (navigation link only); Trade Finance Portal. Works 'closely with both the Department for Business and Trade and UK Export Finance'. |
| Published cost | No trade prices published: 'Product fees may apply.' |
| Facility size and tenor | Not published. |
| Speed | Not published. Existing customers draw down once their Relationship Manager 'has confirmed you have a credit line in place'. |
| Who can apply | 'Over 18s only. Subject to status, business use only.' 'Security may be required.' Supports trade 'in the UK or overseas'; no turnover criteria published. |
| Funding and history | A UK bank authorised by the Prudential Regulation Authority. |
| Date read | 21 October 2026 |
Facts read on 21 October 2026 from: natwest.com, www.natwest.com.
The index is paid for by nobody.
No provider pays to be assessed, listed or ranked, and there are no sponsored places. Providers do not apply: BCC selects the providers a business is likely to consider and scores them from their own pages. Any provider may ask to be assessed; the request changes nothing about the score.
Every figure is read from the provider's own pricing, product, legal or help page on the date shown. Providers may send corrections to [email protected]; a correction changes the page only where the provider's own page supports it. Every provider is re-read monthly and a new edition is published each October.
Consumer lenders and providers that finance only domestic invoices are left out, because the index ranks finance for cross-border trade. Trade credit insurers are left out of this index, because they insure a trading business against non-payment rather than finance its trade.
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The badge is free. The one condition is that it links to this page, so that a reader can check the score and the method behind it. It is withdrawn if the link is removed or the provider leaves the index.
Embed: <a href="https://www.buckinghamcapitalconsulting.com/trade-finance-index"><img src="https://www.buckinghamcapitalconsulting.com/assets/bcc-trade-finance-index-2026.svg" alt="Ranked in the Buckingham Capital Consulting Trade Finance Index 2026" width="300"></a>
Nobody. No provider pays to be assessed, listed or ranked, and the page carries no referral links.
Providers do not apply. BCC selects the providers a trading business is likely to consider and scores them from their own published pages. Any provider may ask to be assessed; the request does not change the score.
Because it does not publish a rate. A business cannot compare an unpublished price, so the index scores it as though the price were high.
Every provider is re-read monthly and a new edition is published every October.
No. The index compares published facts. It is not a recommendation to take a particular facility, and BCC is not an agent or appointed representative of any provider.
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