Letter of Credit / Trust Receipt
(Purchases Financing)
A pre-approved line of credit from the bank assures your seller that payment will be received on time. It is structured to finance domestic purchases, import or/and even direct shipments. Companies enjoy a longer turnaround time for purchases made, therefore enhancing cash flow in the business.
Zero upfront cost for purchases
Extended credit term up to 150 days
Improves credibility with sellers
Flexible repayment with pro-rated interest
Interest chargeable only upon utilization
2
Invoice Financing / Factoring
A pre-approved line of credit allows company to obtain immediate cash from outstanding invoices while pending receivables. It resolves cash flow issue arising from long term credit granted to your buyers.Â
