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Trust Receipt Facilities
Do you want to take possession of goods and/or shipping documents under a Letter of Credit before payment?
Trust receipt facility is simply one form of banking facility, our team assists us to finance the import of goods for a certain fixed period of time. That period of time can range from 30 to 180 days. This period of time granted by the banker will normally correlate with your business operating cycle. We can arrange Trust Receipt Facilities, against which you can take possession of goods for sale or further processing and/or obtain shipping documents. Repayment can be made by the trust receipt due date, providing you with more financial flexibility. |