Trade Finance Line

Trade Finance Line

Financing within the scope of the Trade Finance Line for Import Credit

Credit line in Euros with direct disbursements by transfer to the supplier's account in the form of documentary credit or documentary remittance, for the settlement of imports.

Characteristics

Features

Companies and individual business owners.

Amount

Minimum 100,000 Euros;
Maximum 3,000,000 Euros.

Financing conditions

  • Analysis of company accounts;
  • Disbursements by transfer to suppliers' accounts.

Use

The funds will be made available in portions or in full, by transfer to the suppliers' account.

Usage period

Immediately or in portions until the approved credit limit is reached.

Reimbursement

  • Interest is paid monthly based on the funds effectively used
  • The funds are paid out in a single installment at the end of the repayment period proposed by the customer, up to a maximum of 6 months.

Reimbursement Deadline
  • Up to 6 months per tranche.

Guarantees

  • Letter of commitment signed by the borrower or loan agreement;
  • Loan guarantee;
  • Mortgage on real estate;
  • Collateral for financial investments (deposits, treasury bills).

Documentation required to use the line

  • Invoices from the supplier;
  • Written request with signature binding the company.

Advantages

  • Financing facility;
  • Possibility of negotiating the rate depending on the type of guarantees presented;
  • Security for the parties involved: Security for exporters - the exporter is guaranteed full payment of the value of his export; Security for importers - the Bank guarantees the client that payment to his supplier will only be made provided he complies with the terms of the contract.