Financing solutions for exporters working capital loans 1 for your pre-export financing needs, comerica can facilitate an export-import bank of the united states (ex-im bank) guaranteed working capital loan as one of the lenders for the ex-im bank working capital guarantee program, comerica holds the highest-level ex-im bank delegated. Import and export financing is available through the export-import bank of the united states and the small business administration (sba) through their joint effort: the export working capital program (ewcp) through ewcp, exporters are able to get credit, insurance, and other financial products exporters must be qualified either directly through ewcp or indirectly through intermediary.
Financing solutions for importers bankers’ acceptance a bankers’ acceptance is an attractive option when, as an importer, you may not be able to obtain the required financing from your exporter, requiring you to request acceptance financing from your bank comerica can structure bankers’ acceptances at competitive rates. Loans for exporters and importers our trade loans for imports and exports are complete suite of payment and financing services customized to facilitate your productions and trade beyond borders, be it new overseas trade relationships or existing ones.
There are two kinds of import and export loans 1 loan against import: if you trade on documentary credit or documentary collection terms, or purchase goods without the use of trade instruments, you can apply for a loan against import this loan provides you with financing to pay for the goods being imported the goods themselves are used as collateral.
For exporters and importers, timely finance is the key to making the most of business opportunities keeping this in mind, icici bank offers you a host of innovative products and services, forex and hedging solutions which are customized to meet your evolving financial needs. Importers and exporters when you are making decisions on a daily basis about buying, selling, and shipping product around the world, you need a team of foreign exchange experts at your disposal.
Import export finance is a type of trade finance that fills the funding gap between receiving goods and sending payment for importers and exporters. Import loans an import loan is a short-term cash advance (with recourse) that enables the customer as an importer to meet the customer‟s immediate payment obligations under a sight or usance letter of credit presentation or import documentary collection. Small and medium us exporters use exim trade finance products to win deals and get paid insurance, working capital, and loan guarantees backed by the us federal government export-import bank of the united states.
Export loans and advances may also include those facilities granted to exporters to finance working capital requirements of their export oriented farms (for purchase of seeds, fertilizers and pesticides for export oriented farms) and directly export their produce to foreign markets through the bank. At our event, we will discuss how your business can: find foreign buyers and international partners, access capital to finance export sales, and reduce risk with export credit insurance.