Pre-Shipment Finance - World Wide
 

EXAMPLE THAT SHOWS THE PRINCIPLE OF THE TWO TYPES OF FINANCE OFFER

1. Buyer for example in Europe wants to import manufactured products from Latin America at a total cost of the consignment of Euro € 10 Millions. The Buyer is willing to open  Letters of Credit with the condition that money can be demanded once the goods have been handed over to the Shipping Company by the manufacture . However the manufacture does not have working capital to finance this production . We can help the manufacturing company with working capital in order to complete the shipment.

2. In certain developing countries there is a requirement for certain raw materials for production and cash crops for local consumption. However they often find if difficult to import the products due to lack of funding. We can finance such imports and open Letters of Credit on behalf of the Buyers.
 

CRITERIA

Finance for Import or Export of Manufactured Produce or Raw Materials

SECURITY

Against stand by Letter of credit taken out be the Buyer

LOAN VALUES

Minimum € 500,000 maximum € 10 million Euro

LOAN TO VALUE

Finance are 80% of the Letter of Credit

LOAN TERM

Maximum Six Months

RATES of INTEREST

3 to 4 Percent above LIBOR

COMPLETION FEE

3 to 4 Percent of the total Loan

GEOGRAPHICAL AREAS

Countries World Wide by Application

REQUIREMENTS

Summary of Project to be Financed, Full details of Buyer, Seller, Material, Product, Values

Please e mail or Fax For project Funding Quotation, please submit Funding Application Questionnaire.

E mail sales@minster-asset-finance.com Fax No. +44 1904 567845