Pre- Export finance

Also referred as Purchase Order Finance or Packing Credit.

This is working capital finance provided by Partner Bank/s to the exporter/seller prior to shipment or delivery of goods .The finance is mainly required for purposes of:

• Procure raw materials.
• Carry out manufacturing process.
• Provide a secure warehouse for goods and raw materials.
• Process and pack the goods.
• Ship the goods to the buyers.
• Meet other financial cost of the business