Import Now Pay Later Credit Plans
All credit allocations are individually structured.
Finance your imports through Union One Express and repay monthly through First Union Financial. Credit limits grow as you build history.
Frequently Asked Questions
Clear answers to common questions about our services and Features.
Who qualifies for U1 Import Credit?
U1 Import Credit is designed for active importers and trading businesses. Existing Union One clients may qualify based on shipment history and payment performance. New importers must complete a structured eligibility review before approval.
How do I get approved?
Approval is based on verified business activity, import volume, and repayment capacity. Existing Union One clients may be approved using shipment history. New applicants complete a business verification process before credit limits are assigned.
What costs does U1 Import Credit cover?
Approved shipments may include supplier payments and qualified freight costs. Each shipment is reviewed individually under your assigned credit allocation.
Do I receive the funds directly?
U1 Import Credit does not issue cash advances. Approved funding is applied directly toward qualified supplier invoices and freight costs to ensure your shipment moves efficiently and on schedule. This structure protects your credit allocation and allows financing to be used strictly for import activity.
How long does approval take?
Existing Union One clients may receive faster approvals based on shipment history. New applicants typically complete eligibility review within a few business days.
How does repayment work?
Repayment is completed within the agreed term based on your structured credit allocation. Successful repayment cycles improve eligibility for increased credit limits.
What types of goods can be financed?
U1 Import Credit supports most standard retail and wholesale inventory categories. Restricted or high-risk goods may not qualify.
Can my credit limit increase?
Yes. Successful repayment cycles and consistent import activity may qualify you for expanded credit allocation.
Frequently Asked Questions
Clear answers to common questions about our services and Features.
Who qualifies for U1 Import Credit?
U1 Import Credit is designed for active importers and trading businesses. Existing Union One clients may qualify based on shipment history and payment performance. New importers must complete a structured eligibility review before approval.
How do I get approved?
Approval is based on verified business activity, import volume, and repayment capacity. Existing Union One clients may be approved using shipment history. New applicants complete a business verification process before credit limits are assigned.
What costs does U1 Import Credit cover?
Approved shipments may include supplier payments and qualified freight costs. Each shipment is reviewed individually under your assigned credit allocation.
Do I receive the funds directly?
U1 Import Credit does not issue cash advances. Approved funding is applied directly toward qualified supplier invoices and freight costs to ensure your shipment moves efficiently and on schedule. This structure protects your credit allocation and allows financing to be used strictly for import activity.
How long does approval take?
Existing Union One clients may receive faster approvals based on shipment history. New applicants typically complete eligibility review within a few business days.
How does repayment work?
Repayment is completed within the agreed term based on your structured credit allocation. Successful repayment cycles improve eligibility for increased credit limits.
What types of goods can be financed?
U1 Import Credit supports most standard retail and wholesale inventory categories. Restricted or high-risk goods may not qualify.
Can my credit limit increase?
Yes. Successful repayment cycles and consistent import activity may qualify you for expanded credit allocation.
Frequently Asked Questions
Clear answers to common questions about our services and Features.
Who qualifies for U1 Import Credit?
U1 Import Credit is designed for active importers and trading businesses. Existing Union One clients may qualify based on shipment history and payment performance. New importers must complete a structured eligibility review before approval.
How do I get approved?
Approval is based on verified business activity, import volume, and repayment capacity. Existing Union One clients may be approved using shipment history. New applicants complete a business verification process before credit limits are assigned.
What costs does U1 Import Credit cover?
Approved shipments may include supplier payments and qualified freight costs. Each shipment is reviewed individually under your assigned credit allocation.
Do I receive the funds directly?
U1 Import Credit does not issue cash advances. Approved funding is applied directly toward qualified supplier invoices and freight costs to ensure your shipment moves efficiently and on schedule. This structure protects your credit allocation and allows financing to be used strictly for import activity.
How long does approval take?
Existing Union One clients may receive faster approvals based on shipment history. New applicants typically complete eligibility review within a few business days.
How does repayment work?
Repayment is completed within the agreed term based on your structured credit allocation. Successful repayment cycles improve eligibility for increased credit limits.
What types of goods can be financed?
U1 Import Credit supports most standard retail and wholesale inventory categories. Restricted or high-risk goods may not qualify.
Can my credit limit increase?
Yes. Successful repayment cycles and consistent import activity may qualify you for expanded credit allocation.