Copper Trade Finance: Concentrate, Anodes & Cathodes
We arrange committed trade finance for copper flows across concentrate, anodes, and cathodes. Mandates are executed with bank-grade controls—title, assays, collateral managers, LCs, and verified flows of funds—so lenders can cross the line from interest to approval. We work only on paid mandates, under a formal engagement, and we are chaperoned for any securities-related steps.
Service snapshot:
minimum facility $25M
• typical range $25M–$200M
• retainer $62,500
(non-refundable) • success 1.25–2.0%
on committed capacity/funded amount • timeline 30–90 days
from complete data and counterparties under NDA
Mandate Scope
Products financed
Copper concentrate (Cu%, penalty elements), anodes, cathodes; blends and tolling where applicable.
Structure set
Pre-export (PXF), LC issuance & confirmation/discount, receivables purchase, inventory/borrowing base against WRs, SBLC-backed terms.
Counterparties
Global commodity banks, trade desks, commodity merchants, private credit, and insurance-supported capacity.
Controls
Collateral manager, assays (umpire where needed), inspection, warehouse receipts, title docs, FX/price hedging linkage, KYC/AML.
Common Roadblocks vs Our Execution
Roadblocks
- Unclear title transfer and weak control over goods/documents/cash.
- Incomplete assays and penalty elements not reflected in economics.
- Borrower credit packages missing sanctions/KYC and trade history.
- Purchase and sales not back-to-back; FX/price risk unhedged.
What we execute
- Bank-ready flow: enforceable title, WRs, collateral manager, pledged accounts.
- Assay protocol with umpire lab; penalties/premia mapped into advance rates.
- Full credit pack: KYC/AML, sanctions, trade history, financials, UBO, licenses.
- Hedging and back-to-back offtake or risk-sharing documented in CPs.
How We Get You Funded
| Workstream |
What we deliver |
Why lenders approve |
| Counterparty grid
|
Target list across banks, traders, private credit, and insurers matched to country/route/product. |
Right pockets of capital for the flow; no blind blasts. |
| Data & QA pack
|
Trade history, assays, WR templates, logistics chain, hedging policy, buyer/seller KYC, sanctions checks. |
Reduces diligence friction; answers credit committee questions upfront. |
| Structure & documents
|
PXF, LC issuance/confirmation/discount, receivables purchase, inventory BB; conditions precedent and controls. |
Clear recourse and control; mechanics lenders can enforce. |
| Control stack
|
Collateral manager appointment, inspection schedules, assay protocol, account control, LC wording, insurance. |
Risk is managed at the points that matter—goods, docs, and cash. |
| Syndication & close
|
IOIs, term sheets, CP checklist, settlement calendar; ongoing reporting cadence agreed. |
Predictable timeline and post-close hygiene for repeat capacity. |
Structure Menu & Use Cases
| Pre-Export (PXF)
|
Advance against contracted offtake; tied to production and shipment calendar. |
| LC Issuance & Confirmation/Discount
|
Issuing bank paper confirmed and discounted at shipment/presentation. |
| Inventory / Borrowing Base
|
Revolving line against WRs with assays and concentration limits. |
| Receivables Purchase
|
True sale or discount of eligible AR; recourse terms matched to buyer quality. |
| Tolling / Processing Finance
|
Funding during smelting/refining against control of output and hedged exposure. |
Execution Process
1) Intake
Confirm routes, grades, assay history, counterparties, and hedging. Open NDA and KYC.
2) Controls
Collateral manager shortlist, WR templates, assay/inspection protocol, account control plan.
3) Term sheets
Issue calibrated lender/merchant term sheets with CPs and control stack embedded.
4) Closing
Docs, CPs, settlement calendar. First draw with reporting cadence agreed.
Illustrative Timeline (30–90 Days)
Day 1
Kickoff; NDA/KYC; data and control checklist issued
Day 7
Collateral manager RFP; assay protocol agreed; draft LC wording
Day 21
Term sheets received; control stack locked; CP list finalized
Day 45
Docs near-final; accounts and WRs tested; settlement calendar set
Day 60–90
Signing and first draw; reporting cadence live
Fees, Minimums, & Terms
| Item |
Terms |
Notes |
| Minimum facility
|
$25,000,000+ |
Aggregation of routes/grades is workable; pricing may adjust. |
| Retainer
|
$62,500 (non-refundable) |
Required to begin lender process, control stack, and documentation. |
| Success fee
|
1.25–2.0% of committed capacity or first funded amount |
Tiered by size, complexity, and syndication mix. |
| Third-party costs
|
Collateral manager, inspection/assays, counsel, LC/confirm fees |
Paid by client within agreed caps; disclosed before commitment. |
Team & Capability
Deal operators
Commodity finance professionals with prior bank, merchant, and collateral-management backgrounds.
Chaperoned activity
Any securities-related steps are conducted through a licensed chaperone (Member FINRA/SIPC).
Execution focus
Real goods, enforceable docs, verifiable cash. No “platform” claims, no leased-instrument schemes.
Copper moves when lenders trust the controls. We build that trust—assays, title, WRs, collateral manager, LC wording, and a reporting cadence that stands up in credit committee.
Request Your Term Sheet
Share routes, grades/specs (Cu%, impurities), counterparties, trade history, and control preferences (WRs, assays, collateral manager). We will return structures, CPs, and a settlement calendar.
Start The Process
Financely is a placement and advisory firm. We act on paid mandates only. All engagements require KYC/AML and sanctions screening. Any securities-related activities, where applicable, are conducted through a licensed chaperone, Member FINRA/SIPC. We do not trade physical commodities; we arrange finance against verifiable goods, documents, and cash flows. This page is informational and not an offer or solicitation.