EN590 Contract Financing
EN590 Contract Financing
Short‑Term Trade Credit Arranged by Financely
Diesel trading demands rapid settlement and stringent compliance. Financely arranges short‑term contract financing for verified EN590 traders and end buyers. Facilities are structured around actual cargo flows, confirmed counterparties, and investor mandates. Our role is loan arranger: we secure credit lines from institutional lenders, manage the process, and stay engaged through closing.
Facility Parameters
- Ticket size: USD 1 million to 50 million+
- Tenor: 15 to 90 days, renewable per shipment
- Collateral: Confirmed SBLC, LC, inventory title, or receivables
- Cost of funds: typically 2.0 %–4.5 % flat per 30 days
- Permitted routes: UAE, Rotterdam, Singapore, and other clean‑compliance zones
Transactions We Support
- Pre‑payment funding for CIF or FOB refinery shipments
- LC issuance or confirmation when the buyer lacks in‑house facilities
- SBLC monetisation linked to verifiable contracts and proof of product
- Tank‑to‑tank transfer funding with independent inspection and performance security
- VAT, port fee, and demurrage finance while awaiting buyer settlement
Why Financely
- Independent arranger with access to private credit desks and bank trade desks focused on energy products
- Comprehensive document screening: contracts, POP trail, KYC, and inspection reports
- Facilities aligned with ICC and LMA standards to satisfy lender audit teams
- Transaction monitoring from initial mandate to final repayment
Have a confirmed EN590 contract and need funding to close? Submit your trade pack for an indicative structure and timeline within two business days.
Request a QuoteExclusions
- Unverified counterparties or altered documentation
- Cryptocurrency settlement or proof of funds screenshots
- Cargoes routed through sanctioned jurisdictions
- Multiple undisclosed assignments on a single cargo
Submission Checklist
- Executed contract (CI, FCO, or SPA)
- Proof of previous performance or inspection certificates
- Buyer and seller corporate KYC
- Requested draw amount and use of proceeds
Financely Group is a trade finance arranger and advisory firm. We do not issue credit instruments or accept deposits. All financings are subject to independent underwriting, KYC, and lender approval. Misrepresentation of documents or counterparties will result in disqualification and potential regulatory reporting. EN590 financing is available only to legal entities in permitted jurisdictions.
Get Started With Us
Submit Your Deal & Receive a Proposal Within 1-3 Working Days
Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.
All submissions are
promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.
Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.
Trade Finance
Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.
Submit a RequestProject Finance
Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.
Submit a RequestAcquisitions
Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.
Submit a RequestFor Banks
Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.
Submit a RequestOnce we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.
Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.
