India's First Technology Platform that offers cheap, instant & convenient BC quotes
SaveDesk's global network of financial institutions & Banks brings the best quotes for import loans with the least turnaround time in the industry. Our dedicated support team ensures relentless follow-ups on import finance till the seamless execution of the transaction.
Import financing is an option which helps the Importer bridge working capital demand with cheaper cost of funds, as it is linked to LIBOR/EURIBOR (foreign currencies). Under import finance facility, banks can fund up to 100% on overseas import, which includes VAT, freight & duty costs.
Import trade finance helps you build a security around trades and mitigate risks. When it is not possible to raise capital, import finance services come to your rescue. The importers can grow their businesses without dealing with the equity, investments or even without losing any share.
Our proficient team is with you to ease the import-export business loan facility process by aiding from documentation to disbursement of funds. SaveDesk assures to provide top-notch services with the cheapest rates to optimize your business functions.
A financial solution that provides access to cheap foreign funds, availed to the importer. BC facilitates simple payments against imports on the specified due date. The short term credit transaction is based on a bank guarantee (LC) by the importer’s bank. The rates quoted by the overseas financial institution is close to libor rates, making it cheaper than the general interest rates.
Supplier’s credit is an importer’s product, where importer is unable to make at sight payment to Exporter and the Importer needs a credit period. Importer’s bank commits to pay usance bill under LC to an overseas bank on due date as per LC terms. Thus, allowing importer to bargain better rates and giving credit period.