FAQs - Buyer’s Credit
Buyers' Credit is a short-term working capital trade credit loan (against SBLC issued by counter party bank) extended to an importer by an overseas lender after usance period of the LC but within the working capital cycle and may be considered as extended credit.
Easy access, carry advantage of interest rate differentials as per the market conditions, Cost effective, financing option in Foreign Currency. Presently, BC funding is expeditious processed in currencies USD & EUR.