Post shipment finance in Export Business




You are Post shipment finance in Export Business an exporter and obtained some export orders. Once after shipping a consignment on 60 days credit basis. Now you would like to send next shipment. you are doing not have enough finance to acquire goods or to satisfy other expenses. 

Here, Bank provides a brief term loan with very concessional rate of interest to safeguard you to fill the gap of credit period you've got extended to your buyer – say 60 days. So you'll avail a shorter loan from bank and proceed together with your getting to export next shipment.