CORPORATE LOAN

BILL DISCUNTING

We can arrange export bills discounting limit being set for companies having export transactions at very attractive discount rates. Oncethe company exports the goods, the bills can be discounted once the accepted Bills, Bill of lading, Packing List and Certificate of origin is submitted to banks. The bank deducts the discount and remits the remaining amount to the company’s account. This is a cheapersource of working capital financing for Companies as export financing are provided by banks at very attractive interest/discount rates.

LETTER OF CREDIT

 Credit letter from a bank guaranteeing the buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase. Letter of credit is used in both International and Domestic Transactions.

BANK GURANTEE

In certain circumstances such as filing for tender or requirement of government body or dealing with a totally unknown concern, the parties requireyou to give a bank guarantee to enable you to bid for contract or supply the materials. It is at times like these that our experienced team steps in tohelp arrange Bank Guarantees on your behalf. from banks.

Purchase credit/ Buy Now Pay Later

 

BNPL also known as Buy Now Pay Later is a payment option where you can make a purchase without having to pay from your own pocket. Generally, you sign up with a company providing this facility who makes the payment when you make the purchase.

However, once the lender pays on your behalf, you will have to repay the amount within a stipulated time period. When compared to a personal loan, no interest is levied under the BNPL scheme. You can either pay it as a lumpsum amount, or you can pay it via no cost Equated Monthly Installments (EMIs). If you fail to pay the amount within the given repayment tenure, then the lender will be liable to charge you interest on your amount. Further delay could impact your credit score severely.