What is private credit for international trade?

Debt capital from non-bank lenders or banks’ private credit desks secured against verifiable trade flows, receivables, inventory, or assigned proceeds with escrowed settlements and covenants.

What is the minimum size you work with?

Typical minimum is USD 10–25 million per program. We consider smaller pilots where counterparties and data quality justify it.

Which structures can be financed?

LC confirmation and discount, accounts receivable finance, prepayment and pre-export finance, borrowing base, warehouse receipts, and 144A or Reg S notes.

Do you always use an SPV and true sale?

Only where it improves pricing, eligibility, or lender comfort. Otherwise we use assignments, pledges, and escrow within the operating entity.

How long to first close?

A clean file can close in 7 to 9 weeks from mandate to first draw. Complex legal opinions or jurisdictions can extend timelines.

Raising Private Credit for International Trade Transactions | FG Capital Advisors

Professional Services. Page prepared September 2025. FG Capital Advisors acts as arranger and advisor via regulated partners.

Raising Private Credit for International Trade Transactions

We raise private credit against real, auditable trade. Programs span LC confirmations, receivables finance, prepayment, borrowing base, warehouse receipts, and 144A or Reg S note issuance. We use escrowed cashflows, security, and covenants that meet lender tests. You get scalable capacity and disciplined reporting.

Service Offering

Program design, credit memo, SPV where accretive, assignments, escrow, covenant suite, reserve policy, legal coordination, and placement to private credit funds and banks.

Who It Suits

Exporters, importers, and traders with repeat volumes, contract visibility, and verifiable settlement history seeking non-dilutive working capital.

Minimum Ticket

USD 10–25M per program. Pilots case by case.

Regions

EMEA, Americas, Asia subject to KYC and sanctions screens.

Core Terms

Revolver or term. 18–48 months typical. DSCR or coverage tests. Eligibility criteria and concentration limits. Reserves and pricing step-ups on breach.

Security can include receivables, inventory, accounts, and assignment of proceeds.

Eligibility

Auditable trade flows, enforceable contracts, shipment and title evidence, buyer credit quality, workable governing law, and clean ownership structure.

Offer Snapshot

Scope

Program blueprint with data workbook and credit memo.
SPV and true sale where pricing or eligibility improves.
Cash waterfall, triggers, reserves, step-in rights.
Account opening with escrow and paying agent.
Placement with private credit funds, banks, and note buyers.
Ongoing monitoring and investor reporting.

Timeline

T+1 to T+2 weeks: Intake, data room build, lender map.
T+3 to T+4 weeks: Term sheet and covenant suite.
T+5 to T+7 weeks: Docs, KYC, accounts, confirm orders.
T+7 to T+9 weeks: Close, first draw, reporting cadence.

Structures We Finance

LC Confirmation & Discount

Confirm and discount LCs from approved banks. Optional silent confirmation. Controlled document presentation and settlement through escrow.

Accounts Receivable Finance

Eligibility tests, dilution reserves, concentration caps, and true sale where it improves pricing and investor comfort.

Prepayment & Pre-Export

Advance against offtake schedules with assignment of proceeds, shipment controls, and step-in rights for lenders.

Borrowing Base

Revolver sized to eligible receivables and inventory with periodic redetermination and margining discipline.

Warehouse Receipt Finance

Title and collateral control with inspection rights, insurance, and release protocols tied to lender sign-off.

144A / Reg S Notes

Programmatic issuance at scale with trustee, paying agent, and reporting aligned to investor requirements.

What We Need To Start

Documents

Corporate KYC, ownership chart, sanctions screens, signatory proofs.
Contracts, POs, LCs, invoices, shipment and title documents.
AR and AP agings, inventory reports, historical rolls, ERP extracts.
Financial statements and bank statements for reconciliation.

Deal Inputs

Facility size, tenor, pricing guardrails, currencies.
Eligibility and concentration criteria. Reserve policy.
Jurisdictions and governing law preferences.
Reporting cadence and mandatory consents.

Investor Protections

Structural Controls

Assignment of receivables and proceeds with escrow and paying agent.
Eligibility tests, concentration limits, and trigger-based step-ups.
Debt service coverage and liquidity buffers sized to risk.

Operational Controls

Shipment and title verification. 3-way match and dispute tracking.
Daily or weekly reconciliations and variance reports.
Insurance and notice of assignment where applicable.

Use Cases

Commodity Traders

Scale volumes across multiple lanes with controlled risk, clear eligibility, and investor-grade reporting.

Manufacturers

Bridge long receivable cycles and seasonality with borrowing base or AR programs that match cash conversion.

Distributors

Fund inventory and receivables while keeping equity intact and lender oversight straightforward.

Commercials

Item	How It Works
Retainer	Fixed mandate fee on engagement. Covers structuring, modelling, credit memo, and investor pack.
Success Fee	Percentage of funded amount at closing and on upsizes if any.
Third-Party Costs	Legal, escrow, paying agent, trustee, ratings, and audit paid directly to providers.
Monitoring	Monthly fee where we support reporting and covenant checks.

Pricing depends on counterparty strength, jurisdictions, collateral mix, and data quality. We quote after document review.

Start Your Private Credit Raise

Send your contract set, AR/AP snapshots, and shipment data. We will confirm scope, structure, and a path to funding.

Start Now

Disclaimer. FG Capital Advisors provides advisory and arrangement services. Facility terms are set by lenders after diligence. Outcomes depend on contract strength, data quality, and counterparty performance.

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