Ussance letter of credit (ULC)

Ussance Letter Credit is a letter of credit payable at a predetermined time. It is quite different from normal sight letter of credit. If the documents are appropriate and comply with the terms of the LC; the issuing bank accepts the draft and pays on maturity date as per the terms of the LC.

The buyer receives the product instantly and payment is made later and thus avail a grace period for payment

Relax and apply from the comfort of your place   

Instant contact to exact/right lender

Less Paper work

Quick approval

Easy finance

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Importer receives the product instantly and payment is made later and thus avail a grace period for payment.

Quick, easy.

Who Can apply

Private Ltd

Public Ltd

LLP

Proprietor

Business continuity proof not less than 3 years,Any

business/Export, Import.

Documentation

KYC

  • PAN card of the company.

  • PAN card of the Promoters/Directors.

  • Business registration document.

  • Company address proof.

1 year loan schedule statement of any previous running loan.

3 years balance sheet, P&L with audit report.  

1 year bank statement of the company.

3 years I.T.R of the company.

Company
Contact

advice@entfinc.com

Tel: +91 997-161-8355 

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