Express Trade is a new product that is designed to help you grow your business further by maximizing the value of your security or collateral. This frees you and you can further power your growth. It provides flexibility in using the suit of trade financing products to suit your trade transaction needs.

LC is a major payment method in international trade because it benefits both parties in the transaction. As the buyer, you don't have to pay until the documents are received in good order. Your seller is also comfortable because they will definitely be paid if they have complied with the terms of the LC. You'll enjoy :

1. Trust, because payment will only be made if
   - All stipulated documents are received in good order
   - All the terms and conditions of the LC are complied with
   
2. Financing, which can be arranged for bills under LC
   
3. Reduced risk for both commercial and foreign exchange

Take delivery of your imports before paying for them. You can then use the proceeds from the sale of your goods to pay the trust receipt. This offers you :

1. Increased control over payment timing
   
2. Improved cashflow

A Factoring Loan is a loan granted based on your trade debts (which is money already owed to you by customers who have not paid their bills).

Invoice financing (factoring) is simply the selling of your invoices or receivables at a discount to a "factor" for immediate cash. The discount is typically 5% to 10% or so of the value of the invoice. The factor makes their money by collecting the payments from your clients. It is an excellent way to finance a business without the worries and time spent going after standard bank loans.

A company can have a few trade lines and make your business more flexible and efficiency

One line, multiple products for both import and export use.

Now the Credit lines of up to 10 times the amount of security provided

It allows you to use Letter of Credit, Trust Receipt, Shipping Guarantee, Bills Purchase and Invoice Financing etc to meet your trading and business requirements needs.

Up to 120days and Interest chargeable only when you use the line extended to your company.

Absolutely hassle-free application process .

Call our consultants for free professional advice and we are committed to a high quality screening process to ensure your submissions of applications for greater success.