What ls Export Financing
Financing the Export transaction where payment terms is credit ie90 davs from the date of BL) for the credit period (thatExporter allowed to lmporter/ Buyer) after executing the shipment through discounting of corporate acceptance (in case ofexport under sales contract) or discounting of Bankers acceptance incase of export under Usance lC
Why UPAS LC financing is Required
When companies export products or services, ong payment terms can often create working capital challengesExport financehelps businesses to release working capital from crosborder trade transactions,that would otherwise be tied-up ineceivables for whole agreed credit period between buyer and seller.
What IITS Can do for you
RMG is the main export items of Bangladesh. Export transactions of RMG has some unique features like small ticket size oftransactions, Multiple shipment to single buyers, Buyers are interested to buy through sales contract (instead of Through LcITTS already established strategic relationship vith global banks and Fls who have interest and capable to finance exporttransactions of RMG.
ITTS can arrange export financing at a competitive pricing for your RMG export to your buyers (for most of buyers who signedeither ACCORD Or ALLANCEunder sales contract .