We operate with a mission to eradicate all finance related hassles in the export business.
Post-shipment finance may be as “any loan or advance granted or any other credit provided by a financial institutions to an exporter of goods from India from the date of extending the credit after shipment of goods to the date of realization of export proceeds.”
Thus, post-shipment finance serves as bridge loan for the period between shipment of goods and the realization of proceeds. Such loan is usually provided for a maximum period of 6 months. Interest is charged at the applicable rate depending upon the size of the transaction & credentials of the borrower.
We have tied-up with several financial institutions/ lenders and our role is to assist the exporters to export their shipment with necessary financing. Our lenders take the buyer/importer credit risk, and exporter will get the money instantly. If the buyer cannot pay, this is our lender problem, you don’t have to pay back what lender has paid you upfront .