Letter of Credit and Standby Letter of Credit
Trust Receipt Loan
Issuance of Back-to-Back LC
We issue a LC to your supplier upon a deposit, and a service fee. Before the shipment arrives at the destination, or your warehouse, you are required to settle in full, plus interest and charges.
Smaller corporates that execute trade transactions using letters of credit (LCs) will be able to easily access finance, especially amid challenging times when global trade is in decline.
Advantages of our services
You don’t need to worry your own credit in bank, to be frozen for one deal, when the production-lead time is long, about 60 days to 80 days,
or even loner.
You can process the order negotiation with supplier, when you don’t have sufficient fund or credit facilities with your banker at this moment.
You can better plan for the order schedule, when you have a bottleneck
in cash flow.
With over 10-years contacts with our bankers, we can arrange LC of amount from US$500,000.00 to USD 2 millions every deal.
Why we can do
This is simply a “buy-time” or a “bridge-facility” arrangement. In case, you fail to settle the invoice amount of the specified shipment in full at time we request, the shipment will be forfeitedto cover part of the loss incurred and expenses related
You start by
Let us have some info about your transaction, we can tailor make the service for you. Besides, we can arrange standby letter of credit to enhance your credit with your bankers.