Finance for exporters to prepare buyers’ orders (pre-shipment) and to meet working capital requirements after cargo is shipped till buyer pays. Option available to cover buyer’s default risk with non-recourse variant.
Our Products
Through our pre-shipment export financing product, SOCIETATE COMERCIALA BANCAR will advance funds to you (or directly to your vendor) to purchase finished goods or raw materials, and fulfill verified orders from overseas importers.
Benefits:
- Financing upto 80% of your purchases
- Improves cash flow forecasting
- Boosts your liquidity to source and pay for goods
- Potential to increase your export sales growth
- Third country sourcing against your overseas purchase orders can be eligible
- No cash deposits or LCs required from your importer
- Option to extend further credit to your importer after goods are delivered; subject to creditworthiness
In-transit Export Finance funds the export of your goods on the water. We provide you early funding during the ocean transit period where in-transit inventory is often treated by lenders as ineligible collateral.
Benefits:
- Additional working capital
- Boosts your competitiveness by allowing your importer to pay on/after arrival, rather than at shipment
- Gives you a better scope for negotiation with the importer
- Accelerates funding against receipt of cargo by Maersk at Custom depots
- Improves cash flow forecasting
Export Finance is a working capital solution that provides you with funding up to 80% of invoice value as well as with the protection against the overseas importer’s financial inability to pay (e.g. insolvency and protracted non-payment for undisputed invoices)
Benefits:
- Protects against your importer’s financial inability to pay
- Saves your time and resources to collect invoices
- Improves your financial metrics, such as days sales outstanding
- Accelerates your cash flow
Additional source of working capital - Streamlines your physical and financial supply chains
- Off balance-sheet finance as it may fulfill ‘true sale’* criterion
** Clients are requested to be advised by their auditors