Integrated Circuits and Electronics (SIC 26400)

Trade and Stock Finance for Integrated Circuits and Electronics

Trade Finance Global / Finance Products / Integrated Circuits and Electronics (SIC 26400)

What is Integrated Circuits and Electronics Finance?

We offer flexible integrated circuits and electronics finance for the purchase of equipment and related goods. In an industry with high product cost and relatively low margins, large purchases could negatively impact on your cash flow. Our team can assist in creating finance solutions which could allow you to benefit from a cash injection into your business; boosting your cash flow and reducing your operating costs.

Integrated Circuits and Electronics Finance

Types of Electronics that we can help finance

Key integrated circuits and electronics products include:

  • Surface mount packages
  • Digital integrated circuits
  • Analogue circuits
  • Dual in-line packages
  • Ball grid array
  • Leadless chip carrier packages
  • Plastic quad flat pack circuits
  • Thin small outline packages
  • Multi-chip modules
  • Land grid array packages
  • Fabricated transistors
Trade Finance Requirements
  •   Your business is looking for £50k+ trade finance
  •  You want to import or export stock and have suppliers/ buyers
  •  Your business is creditworthy
How the transaction works

When a business wants to trade internationally, the exporter would typically want to be paid up front by the importer. The bank would issue a Letter of Credit, which guarantees this payment to the exporter upon receipt of documentary proof that the goods have been shipped. This is then repaid once the importer has paid for the goods, which could be anything between 30-180 days later.

What is the SIC Code for Integrated Circuits and Electronics Finance ?

The SIC Code is 26400 (Manufacture of consumer electronics)

Other SIC Codes that could also be used are:

  • 62030  Computer facilities management activities
  • 62090  Other information technology service activities
  • 63110  Data processing, hosting and related activities
  • 26110  Manufacture of electronic components
  • 26120  Manufacture of loaded electronic boards
  • 26200 Manufacture of computers and peripheral equipment
  • 26301  Manufacture of telegraph and telephone apparatus and equipment
  • 26309  Manufacture of communication equipment other than a telegraph, and telephone apparatus and equipment
  • 26400  Manufacture of consumer electronics

finance for electronics, trade finance circuits, import finance electronics, stock finance, export finance on circuits, circuit factory, manufacturing finance

Case Study

Circuits Provider, Liverpool

A mid-sized circuits provider company in the south of England was expanding sales from universities and educational establishments to offering a service to retailers. The client needed financing in order to fund orders that were placed and turned to trade finance in order to do so. Access to funding has allowed them to expand their customer base.


Integrated Circuits and Electronics Finance

Speak to our trade finance team

Benefits

  •  No security or personal guarantee required
  • Integrated Circuits and Electronics finance available even if the banks refuse to finance
  •  Our partners find you solutions to increase trade
  •  Fast turnaround – get finance for electronics and integrated circuits in 24 hours

What is Trade Finance?

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About the Author

Deepesh Patel is Editorial Director at Trade Finance Global (TFG). In this role, Deepesh leads efforts in developing TFG’s brand, relationships and strategic direction in key markets, including the UK, US, Singapore, Dubai and Hong Kong.

Deepesh regularly chairs and speaks at international industry events with the WTO, BCR, Excred, TXF, The Economist and Reuters, as well as industry associations including ICC, FCI, ITFA, ICISA and BAFT.

Deepesh is the host of the ‘Trade Finance Talks’ podcast and ‘Trade Finance Talks TV’. He is co-author of ‘Blockchain for Trade: A Reality Check’ with the ICC and the WTO, alongside other industry research.

In addition to his work at TFG, Deepesh is a Strategic Advisor for WOA, and works closely with ITFA. He also sits on the Fintech Working Group of the Standardised Trust.

Prior to TFG, Deepesh worked at Travelex where he was responsible for the cards business and the Travelex Money app in Europe, NAM, UK and Brazil. Deepesh is Chair of Governors and co-opted LA Governor of the Wyvern Federation, which has responsibility for 5 primary schools in South London.

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