Port Congestion Funding: Demurrage & Detention Financing Strategies for Shippers
When vessels sit at berth or containers sit idle, demurrage and detention fees can spiral, tying up working capital and eroding margins. Port congestion financing provides short-tenor bridge lines designed to cover these fees until your cargo clears customs or your letter of credit is honoured. Below, discover how you can unlock rapid liquidity with Financely’s specialised platform.
1 Port Congestion & Cash-Flow Strain
Extended port delays add daily demurrage charges—often $200–$500 per container—and detention fees when equipment isn’t returned on time. These unplanned costs hit your P&L and force you to pre-fund invoices or collateral. Without a tailored financing solution, enterprises risk margin squeeze, disputes with carriers, and disrupted supply chains.
2 Short-Tenor Bridge Facilities for Demurrage & Detention
Financely structures bridge loans with tenors from 30 to 90 days, matching the typical clearance cycle. Draw mechanics trigger when you submit carrier invoices or detention notices. Once your SBLC
or LC backstop arrives, the bridge balance repays automatically, eliminating the need for repeated draw requests.
3 Collateral Packages & SBLC Back-to-Back Mechanics
- Warehouse receipts:
Pledge title documents for on-dock containers or bonded storage.
- Assignment of proceeds:
Direct carrier payments into a blocked account.
- SBLC back-to-back:
We coordinate issuance of an SBLC in favour of Financely’s funding SPV, passing credit risk to the end-customer’s bank.
4 Pricing Triggers & Fee Structures
| Fee Component |
Range |
Trigger |
| Margin (SOFR +) |
200–350 bp |
Upon facility draw |
| Upfront Fee |
0.5–1.0 % |
At credit approval |
| Interest Reserve |
1 % of facility size |
Held until repayment |
Pricing adjusts based on cargo type, port of call and average daily demurrage exposure. Our transparent fee dashboard lets you model scenarios before committing.
5 Rapid-Response Funding Platform & Timeline
- Day 1:
Submit carrier invoice and detention notice.
- Day 2–3:
Financely underwrites using OCR-parsed docs and carrier data.
- Day 4:
Facility documents signed electronically via our Digital DealRoom.
- Day 5:
Funds transferred to your blocked account for carrier payment.
We integrate with your TMS to automate document pulls and enable single-click draws—often unlocking liquidity within a week.
Facing port delays and ballooning detention fees? Financely’s port congestion financing bridges the gap with tailored short-tenor lines. Get approved and funded in under 7 days, without tying up full collateral.
Request Your Port Funding Quote