Supplier Credit @ 3.50% By Financeseva

Have you heard about Supplier's credit its an facility of arranging funds for importers using LC. Even you can avail Supplier Credit for better Cash Flow.

Supplier’s Credit is a structure of financing import into India. In this structure, overseas suppliers or financial institutions outside India provide financing to importer on Libor linked rates against usance letter of credit (LC). Realize at-sight payment Avoid the risk of importer’s credit by making settlement with LC

What you mean by Supplier Credit Eligibility Criteria?
Supplier credits helps in getting ability to negotiate commercial terms with suppliers, access to the raw materials, capital goods at lower interest rates & as an exporter you will able to receive the payment immediately.

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