TRADE FINANCE
Trade finance as a concept is normally defined as financing based on so-called trade finance instruments like letters of credit, guarantees and bills of exchange. Tenors are short- to medium term, i.e. typically from a few months and up to around 2 years.
By using e.g. a letter of credit as basis for a loan transaction, you achieve a very simple documentation compared with a loan agreement. This can save time and money and is therefore well suited for smaller transactions.
As for export financing, based on the commercial contract, we are able to structure trade finance solutions that are attractive to you as well as to your customers or suppliers.
First and foremost we obviously do so with focus on your interests, but also having in mind that all parties become satisfied with the result so that, potentially, the same concept can be used again – and perhaps even be the trigger for more orders….