In recent years, importers, exporters, and their financial institutions have shifted away from traditional, document-based trade finance instruments and toward non-documentary, “open account” settlement. Now that more than 85% of global trade is transacted on open account terms, there has been a great need for exporters (large and small) to assess importer’s ability to pay and their payment track record. In addition, offering credit to importers has become a vital necessity for exporters to thrive and grow their business.
We help structure and facilitate buyer risk mitigation and financing solutions for open account trades of export clients.
Snapshot of a few deals
- Credit-insurance wrapped invoice financing facility( USD20Mn) for a diversified global commodity trading company for sale of tea from Africa to Europe.
- Secured a USD12Mn+ TCI (Trade Credit Insurance) cover for a global steel trading giant’s exports to a leading designer, fabricator & erector of structural steel projects in Saudi Arabia.
- Arranged a USD10Mn limited recourse invoice discounting facility from an international bank for a portfolio of receivables from buyers located in South & West Africa.
- Structured a USD5Mn supplier financing facility for a Dubai based international trading company for sale of fertilisers to counter-parties in Rwanda and Tanzania.
- Non-Recourse Factoring solutions for a leading Indian exporter’s metal sales to Italy & Germany.