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Import Loans

Import loans

Why is this type of finance right for you?

An import loan is provided to enable you settle obligations under documentary credits or collections.

  • Bridges the gap between payment for imported goods and receipt of funds through subsequent sales.
  • Gives you greater flexibility and liquidity
  • Ensures no business opportunities are missed due to inadequate cash flow

 Other Benefits

Timely payments to suppliers will enhance your business reputation

  • You can extend your credit period beyond those given under Documentary Credits and Documentary Collections
  • Your negotiating position with suppliers is strengthened as you’re able to accept quick payment terms
  • A choice of two types of Import Loan:
    Loan Against Import – available when you’re trading under Documentary Credit or Documentary Collection terms

Clean Import Loan – rather than being triggered by the receipt of a Documentary Credit or Documentary Collection, the advance is made on presentation of supplier invoices and evidence of shipment only

 

 Ready to apply?

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