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Credit Facilities

Usance LC -  Sight LC

A credit facility is a type of loan that allows the borrowing business to take out money over an extended period of time. It can be a Letter of Credit or LC, Trust Receipt or TR, Overdraft facility or CHQ discounting. A Letter of Credit is offered to the seller or seller's bank to guarantee a payment or a specific amount at a certain period of time where as a Trust Receipt, on the other hand, is a document suggesting release (physical) of goods by the bank to the borrower.

We have established good relations with local as well as international banks to cater all your credit needs and our experts can assist you with a wide range of products including Letters of Credit at Sight, Usance Letters of Credit, Standby Letters of Credit and Bank Guarantees.

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