Buyer’s credit helps in doing import payment to exporter (overseas supplier). Importer can repay the lender later on. Financing is done specifically from local branch instantly that too in leading currencies without any hassle.
Importer gets the payment upfront.
Importer can repay the lender later on.
Financing is done from the local branch by the lender.
Quick & easy.
Who Can apply
PAN card of the company.
PAN card of the Promoters/Directors.
Business registration document.
Company address proof.
IEC Code details and document.
Supplier and product details (specification, quotation).
1 year loan schedule statement of any previous running loan.
3 years balance sheet, P&L with audit report.
3 years I.T.R of the company.
1 year bank statement of the company.