International trade can open up new doors and reveal unique opportunities for businesses looking to access new markets, increase their revenue, and reduce risk. For businesses that procure goods and services, importing from overseas suppliers can be more cost effective, help build resilience and provide greater choice. On the other hand, exporting can open up new markets and enable businesses to grow and thrive beyond the capacity of the UK’s domestic economy
As experts in trade finance, Lloyds Bank has an extensive range of solutions ranging from mitigating the risks associated with trading with counterparties in new jurisdictions, through to finance options that can address working capital requirements.
At Lloyds Bank, we work closely with both our clients and with a network of financial institutions in more than 130 countries, providing end-to-end support across the world.
As a result, we have won a number of prestigious awards in the field, including Global Trade Review’s Leaders in Trade award for: Best Trade Finance Bank in the UK 2023 and Best Bank for Digitisation in 2024, as well as Trade Finance Global’s TFG Award 2023 for Best Trade Finance Deal.
Alongside our wide array of solutions are a number of innovative tools to support businesses while trading internationally. Our International Trade Portal helps clients identify new customers and new suppliers in their chosen markets and our new Trade Tracker enables clients to check the status of a transaction within seconds. At the heart of Lloyds Bank’s offering is our commitment to supporting UK businesses in their ambitions to trade in new markets in a simple, sustainable and successful way.
Source: Lloyds Bank