Import Loan

Do you want to take possession of goods or obtain shipping documents without making immediate payment under Import Collection?

• Enables you to seize business opportunities with improved cash flow
• Enhances your business reputation with timely payments to your suppliers
• Extends your credit period on top of that given under Documentary Credit/ Documentary Collection
• Strengthens your negotiating position with suppliers by being able to accept quick payment terms

There are two types of import loans,
   a) Loans against Import (Trust Receipts) and
   b) Clean Import Loans.
Both are working capital facilities. Working capital is defined as your current assets minus your current liabilities or the capital required carrying inventory and receivables. Both loans are available to you when you

• Trade on Documentary Credit terms
• Trade on Documentary Collection terms, or
• Buy goods without using any traditional trade instruments

We can arrange for you an import loan to allows you to get your goods or documents under import collection in the event that you do not have sufficient liquidity to settle a payment immediately.