Self liquidating loan wiki

Rated 4.70/5 based on 608 customer reviews

We help companies to raise finance in ways that is sometimes out of reach for mainstream lenders.Packing credit is the most commonly used trade finance tool by an exporter.The advance is provided to purchase raw materials, process, manufacture, pack, market and transport the required goods and services.At times, the packing credit is also used for financing the working capital and meet the requirements of wages, travel expenses, utility payments, etc for companies listed as exporters.

The international sales’ cycle is comparatively longer than that of domestic sales, which makes packing credit a very convenient and handy line of credit for the exporters.Trade Finance Global (TFG) assists companies with raising debt finance.While we can access many traditional forms of finance, we specialise in alternative finance and complex funding solutions related to international trade.However, the documentation and the credit process is not very complicated in a packing credit loan.The loan can be in the form of a fund-based or a non-fund-based credit.

Leave a Reply