Click Here for Main Forum Menu New Deals  
MAIN
MENU ARTICLE LIST POST REPLY EDIT PROFILE MEMBERS AREA REGISTER HELP
Please Visit Our Sponsor * Click Here!
Posted by LLC (Friday, September 29, 2006)
Pre-shipment Financing and Export Transaction Financing
Pre-shipment Financing and Export Transaction Financing

1. Pre-shipment working capital to the LC Beneficiary and designated suppliers. 2.For Export Documentary Letter of Credit transactions. 3.30 to 60 Day financing from $1 0,000 to $1 0,000,000+.

Export Transaction Financing
Export transaction pre-shipment working capital from $10,000 to$10,000,000+ for as long as two months against Documentary Letters of Credit, from recommended Funding Sources.

• Purpose Export pre-shipment Working capital • Client Beneficiary to a Documentary Letter of Credit • Amount USD $10,000 to $10,000,000+ • Instrument Wire transfer and/or Back to Back Letter of Credit • Tenor 30 to 60 days (30 day minimum) • Service Fee 5.0% (+ 0.17% per day over 30 days)

Application Documentation: ETF Application & Copy of Letter of Credit Advice.

Procedure:
The Beneficiary of the Documentary Letter of Credit applies to Export Transaction Financing. After acceptance of the application, the Beneficiary assigns proceeds to the working capital lender for the loan and mark-up, which is paid by the negotiating bank when the documents are negotiated.

Letter of Credit acceptable terms and conditions includes: a.Recognized bank,
b.No applicant documents or split Bills of Lading, c.Third party documents allowed,
d.Partial shipments allowed,
e.Currency in US dollars,
f.Tenor sight to 180 days maximum, g.Payment by Negotiation or Acceptance, h.Freely negotiable,
i.First and Second Letters of Credit we will advice later

Disclaimer: That this is not a binding agreement, but an indication of the terms and conditions set forth by Funding

Sources for pre-shipment working capital for transaction financing to acceptable exporter applications.

contact address: vinishasha778@hotmail.com

Replies start here:
Newest messages appear on top.

Click here to post a reply.


Please Visit Our Sponsor * Click Here!

Please read our disclaimer.

Home Page | BradyNet Pro | Search | CyberExchange
Forfaiting | Closing Prices | Live Prices | New Issues | Ratings
BradyNet Tour | BradyNet FORUMs | BradyNet Email Directory | Index (Site Map)
Analysis & Research | BradyNet Center | News | Jobs

General Correspondence: bradynet@bradynet.com    Questions/Problems? support@bradynet.com
Mail this page to a friend

This site copyright © 1995-2000 BradyNet.com