EN590 is one of the most traded diesel specifications globally, and also one of the easiest places to waste time if the buyer is not execution-ready. The supply side cares about one thing: can the buyer perform cleanly on compliance, documentation, and settlement.
Financely supports verified buyers with execution-grade EN590 sourcing. We qualify the buyer, align specifications and delivery windows, screen counterparties, coordinate contracting and inspection workflows, and support settlement coordination through regulated and vetted counterparties.
EN590 is a European diesel standard commonly referenced in international trade. The exact deliverable specification must match destination requirements, including seasonal performance and any mandated bio-component limits where applicable.
Cargo sizing depends on corridor, discharge infrastructure, and vessel class. Typical ranges include:
Final sizing is driven by terminal constraints, vessel availability, and contractual delivery windows.
Buyers with import capability, discharge access, and a repeatable demand profile. Execution is faster when the buyer has stable operating history and can respond quickly to compliance requests.
Traders with documented performance history and the ability to support settlement and controls. We do not run speculative files that cannot demonstrate capacity to perform.
Regulated counterparties do not compromise on onboarding. We require a decision maker and a responsive KYC process.
We need stable parameters to avoid wasted cycles.
We confirm buyer profile, corridor, timeline, and execution readiness. If the file cannot pass compliance gating, we stop early.
We align the EN590 specification to destination and season, then ensure the SPA and documentary requirements match what can be delivered and inspected.
We approach vetted supply channels suitable for the corridor and requested window, then narrow to executable options based on terms and compliance.
We support contracting workflow, inspection sequencing, and settlement coordination so the transaction does not stall at operational checkpoints.
| Fee Item | Amount and Notes |
|---|---|
| Engagement Retainer | USD 50,000, due upfront to activate EN590 sourcing, qualification, and execution coordination. |
| Monthly Continuation | USD 5,000 per month while the mandate remains active and we are running sourcing and execution workstreams. |
| Volume-Based Fee | Either (i) USD 0.03 to USD 0.12 per barrel on lifted volumes, or (ii) 0.10% to 0.35% of invoice value, depending on corridor, complexity, and buyer readiness. |
| Third-Party Costs | Any inspections, legal documentation, escrow, screening tools, travel, and operational third-party costs are paid by the client where applicable. |
No. Financely is not a refinery or physical supplier. We coordinate sourcing and execution through vetted counterparties, subject to screening and contracting.
We can, but only if the buyer has a real operating profile, can complete KYC cleanly, and can support an execution-ready settlement plan. If the file requires basic education to become workable, we are not a fit.
Buyer entity profile, beneficial ownership basics, destination and discharge details, lift schedule, intended Incoterms, and a clear settlement plan. If the buyer has an SPA template or a counterparty draft, include it.
No. Supply availability, pricing, and delivery depend on market conditions, counterparty approvals, compliance outcomes, and executed contracts. We run a disciplined process to reach executable terms.
To start EN590 sourcing, activate the mandate by paying the engagement retainer. Once paid, we will send the onboarding checklist and begin qualification and screening.
Pay The RetainerDisclaimer: This page is for general information only. It does not constitute legal, tax, regulatory, investment, or credit advice and it is not an offer or commitment by Financely or any third party to provide any financing, EN590 diesel, LC, SBLC, guarantee, or other instrument. Financely is not a bank, lender, insurer, surety, broker-dealer, investment adviser, refinery, or carrier. Any transaction support is provided through vetted counterparties and is subject to eligibility, KYC and AML review, sanctions screening, counterparty risk policy, and execution of definitive agreements.
Financely advises growth-focused businesses on accessing capital by introducing their opportunities to professional investors. Financely is not a securities broker or dealer. Where appropriate, engagements are coordinated with regulated broker-dealers, investment banks, legal counsel, and other specialists.
Financely does not solicit, offer, or accept orders to buy or sell securities and makes no assurance regarding capital-raising outcomes.
Services are strictly business-to-business. Financely does not provide personal finance, consumer credit, or retail advisory services.
Advisory services are reserved for post-revenue companies that recognize the time and resources required for professional underwriting.
All mandates start with an RFQ. We review submissions, issue a brief Go/No-Go memo, and where bankable, release a Term Sheet that leads to funding. We arrange capital across Senior Secured, Unitranche, Second Lien/Mezzanine, Preferred Equity, and Gap Solutions. We do not process deals by email or chat.
Letters of Credit, Standby LCs, Confirmations, Receivables Finance, and Inventory Lines with control.
Funding arranged for trade flows with instruments sized to your cycle and aligned to delivery and settlement.
Move forward to secure working capital and keep goods moving. Submit the RFQ to start underwriting for funding.
Limited or non-recourse structures for energy and infrastructure with lender-ready materials.
Funding solutions aligned to project cash flows with credible covenants and conditions to reach notice to proceed.
Advance the file to termable status. Submit the RFQ so we can underwrite and secure funding.
Debt and Preferred solutions anchored on cash flow, Quality of Earnings, and clear closing mechanics.
Funding across senior, unitranche, and preferred to match stable cash flows and acquisition timelines.
Get financed on workable terms for closing. Submit the RFQ to start underwriting.
Acquisition, development, bridge, and refinance with lender-ready packs and third-party reports managed.
Funding calibrated to DSCR, leverage, and tenancy with terms designed to close.
Move to a financeable package. Submit the RFQ to initiate underwriting for funding.
KYC and Source of Funds required. Engagements are best-efforts and subject to underwriting. Preference for operating companies with meaningful revenue. See our FAQ and Procedure.
Financely Inc. (“Financely”) provides corporate-finance advice and is wholly owned by Aurora Bay Trust, a trust formed under Bahamian law, together with its authorized affiliates. Depending on deal structure, jurisdiction, and local rules, engagements may be carried out through Financely Group LLC, a non-deposit-taking, non-banking financial company; Ashford Capital Advisory LLC; or another related entity.
Financely and its affiliates are not registered as securities broker-dealers and do not execute securities transactions or hold client funds or securities. When a mandate involves the purchase or sale of securities and a registered intermediary is required, any orders are introduced to and executed by one or more independent U.S. broker-dealers registered with the SEC and FINRA. Those broker-dealers are solely responsible for trade execution, custody, and related regulatory obligations. Nothing in this material constitutes an offer, solicitation, or recommendation to buy or sell any security or to engage in any specific transaction. Before engaging Financely Group LLC, Ashford Capital Advisory LLC, or any affiliate, you are responsible for confirming that such engagement complies with your own legal, regulatory, tax, and other requirements. In the United States, certain advisory activities may be conducted in reliance on exemptions available under the Investment Advisers Act of 1940, including the “foreign private adviser” exemption where applicable. Our services and regulatory status may vary by jurisdiction and by transaction type.
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