• Buyers-Credit

    BUYER’S CREDIT

    Benefits for the Importer 

    • The importer gets extended date for making an import payment as per the cash flows.
    • The importer can deal with exporter on sight basis, negotiate a better discount and use the buyer’s credit route to avail financing.
    • The funding currency can be USD, GBP, EURO, JPY, depending on the choice of the customer.
    • The importer can use this financing for any form of trade payments, such as collections or LCs.
    • The currency of imports can be different from the funding currency, which enables importers to take a favourable view of a particular currency.
    • It helps importer in working capital management.

     

    We shall study about this article further, in detail, in our next post.

     

    Keep reading!!

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