How Nigerian Exporters Can Fund Trade Deals Without Local Banks
How Nigerian Exporters Can Fund Trade Deals Without Local Banks
Trade finance in Nigeria has always been a bottleneck. Local banks are tightening credit lines. Correspondent banks are pulling back. And LC confirmation costs have gone up. If you’re an exporter trying to move cargo internationally, you’re probably stuck waiting—or paying through the nose. Here’s how private trade finance gives you a real alternative, and what it takes to get funded today.
Why Nigerian Companies Struggle to Fund Letters of Credit
Local banks don’t want to hold LC exposure without a cash cover. Some now ask for 100% upfront deposits before issuing or confirming letters of credit. That defeats the whole purpose of trade finance—using working capital to move goods, not tying it up. Even exporters with strong contracts get declined because the bank doesn’t want USD settlement risk or KYC pushback from international counterparties.
How Private Trade Finance Works
Private lenders step in where banks step back. Instead of relying on local bank coverage, they underwrite the trade itself—cargo flows, contracts, shipment schedules, and buyer quality. A private credit desk or structured finance platform funds your transaction based on assignment of receivables, pledge of goods, or alternative collateral like SBLCs or insurance wraps. You move the goods. They get paid off the exit event.
Fund Your Trade Without Waiting on Banks
At Financely, we structure trade finance deals for Nigerian exporters by setting up clean SPVs, trustee-validated flows, and pre-positioned instruments where needed. Whether it’s a direct LC discount, invoice funding, or receivables purchase, we build deals that private credit desks want to close. No endless KYC loops. No dependency on local liquidity windows. Just real underwriting.
Need Private Trade Finance for Your Next Export?
Send us the file. We’ll underwrite the trade, map the capital structure, and place it with live desks funding Nigeria-linked flows.
Submit Your Deal Book a ConsultationWhat You Need to Get Funded
Getting private trade finance isn’t magic. You need a contract, a defined shipment schedule, verifiable suppliers and buyers, and clean paperwork. If you’ve got that, and the goods or payment flows are bankable, we can structure a solution. If you don’t, we’ll tell you straight what’s missing before wasting your time.
The Bottom Line for Nigerian Exporters
Private trade finance in Nigeria isn’t theory anymore. Financely structures and places real deals every week across commodities, agri-products, manufactured goods, and industrial shipments. If your transaction is real and your buyers are credible, the capital is there. You just need the right structure to access it.
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.
