We are a group of professionals with diverse financial background. We are practicing as Financial
 
needs to give us the details of the transactions before opening the L/c. so that we can take the
 
We also arrange medium term unsecured loan for up to Rs. 200 lacs at very competitive rate from
 
Working Capital and Term Loan Facilities – We arrange the working capital and term loan
Import Financing
  • Supplier’ Credit

Procedure: applicant needs to give us the details of the transactions before opening the L/c. so that we can take the quote for the said transaction and necessary amendment can be made in opening the L/c.
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Advantages: Financing is available @ the International rates @ LIBOR plus 100 basis points)
For the confirmed L/c. payment will be made immediately to the beneficiary where for the unconfirmed L/c. documents will be sent to the L/c. opening bank for the acceptance.

  • Buyer’s Credit: It is a rollover of existing import L/c for additional required period. In this bank extend the L/c period and makes necessary amend mends for making payment to new financing bank.

Procedure: Applicant needs to inform the details & most important is due date at least before fifteen days of the due date. Quote will be taken @ LIBOR rate along with the application form in financing bank’s format.

Buyers credit without L/C – Procedure:  Required Copy of the Import Documents to get the Quote from funding Bank. Quote is obtained in the name of the bank. Clients Bank issued Swift for undertaking for making the payment. When the Swift is received, the funding bank remits with in 48 hours.

Advantages: financing will be arranged @ LIBOR plus 100 basis point plus the handling Payment will be made on due date to the Nostro Account.