SABB

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

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

• Documentary Credits
• Documentary Collections
• SABB Amanah Trade Solutions
• SABB Marine Cargo Takaful Plan