LC sale bill discounting is helpful to all the parties in the trade. - The seller gets immediate payment for his sale - The buyer receives the goods along with the credit period to pay - The bank receives a premium from the buyer when he makes the payment to the bank
Wednesday, June 9, 2021
LC purchase bill discounting
LC purchase bill discounting
These may be in the nature of on demand Clean or Documentary bills being the bills payable on demand drawn on outstation centres for which immediate credit is afforded to your business account less our discount and handling charges.
collateral free loan
collateral free loan
The specialty of collateral free loan :- Collateral-free loans do not require you to pledge any asset as security. It brings peace of mind and opens up unlimited opportunities. One can avail collateral-free loans for various purposes.
foreign currency term loan
foreign currency term loan
In simple words, FCTL is the replacement for Term Loan in INR.Foreign Currency Term Loans (FCTL) can be disbursed in four currencies viz. US$, Sterling, Euro and Japanese Yen with a maturity period of 6 months to 7 years.
export project finance
export project finance
Export Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors.
unsecured drop line overdraft limit
unsecured drop line overdraft limit
Financeseva offers Unsecured Drop Line Overdraft facility Limit for Doctor & CA profession to meet immediate professional requirements. This facility offers the flexibility in repayment & interest is charged only on the amount utilized.
Drop Line Overdraft
Drop Line Overdraft
The Dropline Overdraft facility benefits the borrower by reducing the original limit according the tenure sanctioned to the borrower. The overdraft facility can be used on monthly basis, quarterly basis, half-yearly or even yearly basis too as per the need of the borrower.
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