Islamic Finance:
We wish to inform you of trade facility for companies importing from USA. This facility amounts to free working capital for the importers
We can arrange 100% payment to USA exporter for any company importing from the USA. The importer has to contribute only 15% of the value of imports and we will arrange the balance of 85%. The exporter will get paid immediately 100% of the amount while the importer will have 3 months credit facility.
- No LC required.
- No interest payments.
A small fee payable will be for arranging the finance.
This credit facility is also available to an importer from ANY country who wishes to import from Saudi Arabia. But in the latter case, there is no contribution from the importer, and he gets credit facility up to six months.
The only requirement is:
- 3 years audited accounts
- Purchase Order and contract
From both importing and exporting companies.
