We help you unlock money tied up in Invoices and improve your cash-flow. Our services can help you take care of short term liquidity requirements.
Features that make it a must have product:
Access to Collateral Free Working Capital
Improves your Working-Capital cycle
Off balance Sheet Solution
100% Digital Documentation Guaranteed
Get Invoices Discounted in 24 to 48 hours
Domestic / Inland Letter of Credit Discounting is actually a short-term post shipment credit facility offered by the banks to the clients. In this process, the banks or NBFCs purchases all the documents or bills produced by the client and which are backed by LCs and pay the money to the client against discounting interest for the usance period as per the terms of LC.
In cross-border trade transactions, it is a common occurrence that the foreign buyer demands certain credit period, while it is in the best interest of the exporter that the buyer makes the payment upfront. There is also a general lack of faith in this form of trade as it involves two entities from different geographies. Trade Finance takes care of both these issues.