Re financing chemical import or Oil trade bills .
Below works when we buyers like Majors or top notch MNC companies like total or Shell or equivalent.
Contract will be tri party.
Your company / Our Company and the MNC company.
-Interest cost about 20% per annum
-insurance cost, facilitating cost about 1.25-1.5% per transaction
-will need to know whole trade cycle from buying to selling. Will need purchase/sale contracts.
-what will be the profit he is willing to part with us?
-do they have past sale performances?
-usually getting $0.5 million to start with should be manageable, after 2-3 trade cycles can push it to $2-3mio
By above proposal we can sell the product on 120 days to 180days credit bases .
If any services needed do advice us.
Regards
Bharat Periwal
Above proposal is for companies who have buyer who needs credit and seller who need money at sight . So we come in the picture but this happens when the buyer is a major or has credit worthyness . As we are providing open credit to them.
This can work on small Oil deals / Minerals / Agro / Industrial Minerals .
You can write to me at svssourcing@yahoo.com
You can chat at +233557361055 / +919843847774
Below works when we buyers like Majors or top notch MNC companies like total or Shell or equivalent.
Contract will be tri party.
Your company / Our Company and the MNC company.
-Interest cost about 20% per annum
-insurance cost, facilitating cost about 1.25-1.5% per transaction
-will need to know whole trade cycle from buying to selling. Will need purchase/sale contracts.
-what will be the profit he is willing to part with us?
-do they have past sale performances?
-usually getting $0.5 million to start with should be manageable, after 2-3 trade cycles can push it to $2-3mio
By above proposal we can sell the product on 120 days to 180days credit bases .
If any services needed do advice us.
Regards
Bharat Periwal
Above proposal is for companies who have buyer who needs credit and seller who need money at sight . So we come in the picture but this happens when the buyer is a major or has credit worthyness . As we are providing open credit to them.
This can work on small Oil deals / Minerals / Agro / Industrial Minerals .
You can write to me at svssourcing@yahoo.com
You can chat at +233557361055 / +919843847774
Term Sheet for Cash and Carry Model ( Import Financing ) For Indian clients and Indian markets ONLY
A- Buyer : Indian Buyer who is buying on Cash and Carry Model
B- Shipper : LC Beneficiary (exporter) nominated by buyer
C- Seller : LC opening Company to Shipper and Stocking Goods at destination
1. Product : As per Purchase Contract issued by Indian Buyer
2. Quality Parameters : As per Purchase Contract issued by Indian Buyer issued to Shipper or
agreed with Shipper
3. Inco Terms : CFR FO, Liner Terms or decided by Indian buyer, we will not sign charter
Party agreement
4. Weight and Quality : Final at Load port by Buyer approved Inspection agent
5. Bonus Penalty : Final at Load port by Buyer approved Inspection agent
6. Terms to shipper : 90 Days Usance LC to Buyer Nominated sellers in Singapore / Dubai
7. Terms to Buyer : We will charge fixed percentage which will be inclusive of banking cost & our margin. This will depend on the commodity bases. We are open for Coal / Mn ore / Chrome ore / Gypsom / Dolomite .
A- 20% Advance at the time of signing contract and before issuing lc to Shipper
B- Once shipment takes place on CFR FO basis and documents submitted to Seller’s bank it will be accepted (Subject to Approval of Buyer)
C- Before vessel arrives to India Buyer will pay Import duty and stevedoring expenses to seller on actual basis
D- Cargo will be stored in a warehouse controlled and monitored by seller
E- Buyer can make payment partially can take delivery order of equal amount from seller
F- Advance payment would be adjusted in last parcel
G- All shortage, weight losses and currency difference or any loss due to embargoes, import restriction or TCS (Advance tax collection at actuals to be borne by buyer
H- Monitoring security etc expenses is on actual basis borne by buyer
Regards
My Telegraph group link https://t.me/Financeimport
You can pass the link to anybody who needs such services .
My whts app number is +233557361055 / +919843847774
Thanks for reading.
A- Buyer : Indian Buyer who is buying on Cash and Carry Model
B- Shipper : LC Beneficiary (exporter) nominated by buyer
C- Seller : LC opening Company to Shipper and Stocking Goods at destination
1. Product : As per Purchase Contract issued by Indian Buyer
2. Quality Parameters : As per Purchase Contract issued by Indian Buyer issued to Shipper or
agreed with Shipper
3. Inco Terms : CFR FO, Liner Terms or decided by Indian buyer, we will not sign charter
Party agreement
4. Weight and Quality : Final at Load port by Buyer approved Inspection agent
5. Bonus Penalty : Final at Load port by Buyer approved Inspection agent
6. Terms to shipper : 90 Days Usance LC to Buyer Nominated sellers in Singapore / Dubai
7. Terms to Buyer : We will charge fixed percentage which will be inclusive of banking cost & our margin. This will depend on the commodity bases. We are open for Coal / Mn ore / Chrome ore / Gypsom / Dolomite .
A- 20% Advance at the time of signing contract and before issuing lc to Shipper
B- Once shipment takes place on CFR FO basis and documents submitted to Seller’s bank it will be accepted (Subject to Approval of Buyer)
C- Before vessel arrives to India Buyer will pay Import duty and stevedoring expenses to seller on actual basis
D- Cargo will be stored in a warehouse controlled and monitored by seller
E- Buyer can make payment partially can take delivery order of equal amount from seller
F- Advance payment would be adjusted in last parcel
G- All shortage, weight losses and currency difference or any loss due to embargoes, import restriction or TCS (Advance tax collection at actuals to be borne by buyer
H- Monitoring security etc expenses is on actual basis borne by buyer
Regards
My Telegraph group link https://t.me/Financeimport
You can pass the link to anybody who needs such services .
My whts app number is +233557361055 / +919843847774
Thanks for reading.
NPA account funding
20-22%Roi
Security over 150%
5 years tenor
6 month moratorium
Clean NPA funding
For NCLT take over collateral over 150%
Rate of interest 12-12.5%
Tenor 7 years with 6 month to 1 year moratorium.
Large project funding and small SME is available .
Please message in Private .
If you have client on above bases do advice.
Regards
Bharat
20-22%Roi
Security over 150%
5 years tenor
6 month moratorium
Clean NPA funding
For NCLT take over collateral over 150%
Rate of interest 12-12.5%
Tenor 7 years with 6 month to 1 year moratorium.
Large project funding and small SME is available .
Please message in Private .
If you have client on above bases do advice.
Regards
Bharat
Discouting of APG ( Advance payment gaurantee)
This works for companies who are in manufacturing and in export and Import market. I am explaining this in a lay man words for easy understanding.
Here what we do Party A ( Nigerian client ) and Party B ( We the funder ) sign and contract . Where we are willing to pay 100 % advance for the product which will manufactured or proceed in span of 3 months to 1 year. But to manufacture the goods , the nigeria client needs cash advance , which we are willing to pay but we need security for the advance which we are paying . So now the Nigerian client goes to the bank and says that he has a buyer who is willing to pay 100 % advance and for that advance the buyer needs a gaurantee. The Nigeria client make a proposal to the bank that they can hold the money.
As money will be utilised when ever its needed . Now the bank is also happy. As they get USD in there books.
Client is happy as he has money for his commodity trade .
If above structure makes sense .
Then the Nigeria client has to hire us on Retainee bases and has to give us a deposit.
We will provide them contract, structure how to propose the deal to the bank. APG term sheet issued by the Nigeria banks. So no bank turn the proposal down.
Costing / discounting
1) If the APG is confirmed by a prime bank then 1 year cost will be 10%
2) If the APP is not confirmed by a prime bank then the cost will be from 12 % to 14 % for a year.
Regarding the APG, the basic structure is as follows:
1. There are 4 parties viz.
(1) The seller [ recipient of advance and applicant for APG)
(2) The beneficiary [ the person giving the advance]. In almost all cases, the beneficiary will be the intermediate buyer
(3) End buyer [ intermediate buyer will sell]
(4) The issuing bank
Parties (1) and (2) will sign the Advance Payment and Sale agreement [ APSA - attached].
The intermediary remits the advance upon issuance of the APG by the bank. This APG should be confirmed by a top rated bank or a bank of reasonable standing.
The APG could be a reducing one [ for each supply made] or could be cash settled.
Do let me know if you need other details.
Please will require below documents to open an discussion
1) Issuing bank name
2) Sanctioned letter on the limits
3) Profile of the companies involved.
If the African banks cnt provide confirmation . We can still discount but not large value.
Apart from this we do discount Usance lc / SBLC/ BG from Nigeria banks.
Usance lc will be discounted under Merchant trade. Client opens the lc on us to the draft which we provide. We will submmit the docunents. The client bank accept the docunents and provide us acceptance message. We will release the discounted money to the client.
SBLC / BG is straight discounting we do. It's hard for client to issue. As to my knowledge client will has to provide cash margin of 15% to the bank and Forex is big issue in Nigeria .
Apart from this if you need accomdation lc from rated bank or non ratted bank do advice .
My email id is Svssourcing@yahoo.com
My whts app number is +919843847774
+233557361055
Bharat
This works for companies who are in manufacturing and in export and Import market. I am explaining this in a lay man words for easy understanding.
Here what we do Party A ( Nigerian client ) and Party B ( We the funder ) sign and contract . Where we are willing to pay 100 % advance for the product which will manufactured or proceed in span of 3 months to 1 year. But to manufacture the goods , the nigeria client needs cash advance , which we are willing to pay but we need security for the advance which we are paying . So now the Nigerian client goes to the bank and says that he has a buyer who is willing to pay 100 % advance and for that advance the buyer needs a gaurantee. The Nigeria client make a proposal to the bank that they can hold the money.
As money will be utilised when ever its needed . Now the bank is also happy. As they get USD in there books.
Client is happy as he has money for his commodity trade .
If above structure makes sense .
Then the Nigeria client has to hire us on Retainee bases and has to give us a deposit.
We will provide them contract, structure how to propose the deal to the bank. APG term sheet issued by the Nigeria banks. So no bank turn the proposal down.
Costing / discounting
1) If the APG is confirmed by a prime bank then 1 year cost will be 10%
2) If the APP is not confirmed by a prime bank then the cost will be from 12 % to 14 % for a year.
Regarding the APG, the basic structure is as follows:
1. There are 4 parties viz.
(1) The seller [ recipient of advance and applicant for APG)
(2) The beneficiary [ the person giving the advance]. In almost all cases, the beneficiary will be the intermediate buyer
(3) End buyer [ intermediate buyer will sell]
(4) The issuing bank
Parties (1) and (2) will sign the Advance Payment and Sale agreement [ APSA - attached].
The intermediary remits the advance upon issuance of the APG by the bank. This APG should be confirmed by a top rated bank or a bank of reasonable standing.
The APG could be a reducing one [ for each supply made] or could be cash settled.
Do let me know if you need other details.
Please will require below documents to open an discussion
1) Issuing bank name
2) Sanctioned letter on the limits
3) Profile of the companies involved.
If the African banks cnt provide confirmation . We can still discount but not large value.
Apart from this we do discount Usance lc / SBLC/ BG from Nigeria banks.
Usance lc will be discounted under Merchant trade. Client opens the lc on us to the draft which we provide. We will submmit the docunents. The client bank accept the docunents and provide us acceptance message. We will release the discounted money to the client.
SBLC / BG is straight discounting we do. It's hard for client to issue. As to my knowledge client will has to provide cash margin of 15% to the bank and Forex is big issue in Nigeria .
Apart from this if you need accomdation lc from rated bank or non ratted bank do advice .
My email id is Svssourcing@yahoo.com
My whts app number is +919843847774
+233557361055
Bharat
https://www-tradefinanceglobal-com.cdn.ampproject.org/c/s/www.tradefinanceglobal.com/posts/triggering-force-majeure-the-impact-on-documentary-trade-finance-and-credit/amp/
Above article is written by Colleague Ramesh
Do read .
Regards
Above article is written by Colleague Ramesh
Do read .
Regards
Bullet Points for Monetization
1) BG or Sovereign Guarantee needs to meet the Rating Criteria. Depending upon the rating of the Bank, BG might be required to be wrapped with an insurance. The Client can get this Insurance by himself or we could assist him in getting this done.
2) The Borrower needs to provide a reason for Funding against the BG. In case of a project, we would need the Complete details of the Project as in the PIM or Project Report.
3) We would then liase with the funder and get a clearance on both the Issuing Bank and if the funder is willing to proceed with the Project. At this point If we don't get a clearance, we would drop the Case as we would not be in position to move forward.
4) Once we obtain a go ahead to proceed, they would need to sign off an NCNDA and Fees Agreement with Quad-core Consultants , along with all the necessary Application forms and KYC's and bank Sanctioned letter required to move forward.
5) Once this is done the Client would be sent a Letter of Engagement from Quad-core Consultancy with the broad terms of the Loan against the BG.
6) If the terms are acceptable to the client, the Client would need to pay an UPFRONT Client Commitment Fees, this will be decided case by Case depending on the Size of the deal, varying from £10,000.00 to £50,000.00.
7) Once this has been paid to us, we would require All the KYC's and Forms to be back with us dually filled.
8) We would submit the forms and all documents on behalf of the client and get him the term sheet within 5 to 7 Business Days, during which the lender might come back with some Clarifications or Queries on the project or on the Client which would need to be answered or Clarified or Substantiated.
9) Once the Term Sheet is delivered to the Client, required documentation will be done by the client in favour of the lender. The client needs to provide the BG in favour of lender once the lender confirms. After the lender confirms his willingness to receive the BG, the instrument should be delivered within 14 days to the lenders designated bank.
10) After the Term Sheet, if the Client fails to provide the BG, the Client Commitment fees would not be refunded, we will use that as Charges for our Services.
11) Once the BG is transmitted, the Client will receive the Payment within 7 Business Days and our fees would be paid by the lender directly on the same day the Client's loan is disbursed and we would adjust upfront fees as well.
Regards
Bharat Periwal
You can contact me at +919843847774 , +233557361055
1) BG or Sovereign Guarantee needs to meet the Rating Criteria. Depending upon the rating of the Bank, BG might be required to be wrapped with an insurance. The Client can get this Insurance by himself or we could assist him in getting this done.
2) The Borrower needs to provide a reason for Funding against the BG. In case of a project, we would need the Complete details of the Project as in the PIM or Project Report.
3) We would then liase with the funder and get a clearance on both the Issuing Bank and if the funder is willing to proceed with the Project. At this point If we don't get a clearance, we would drop the Case as we would not be in position to move forward.
4) Once we obtain a go ahead to proceed, they would need to sign off an NCNDA and Fees Agreement with Quad-core Consultants , along with all the necessary Application forms and KYC's and bank Sanctioned letter required to move forward.
5) Once this is done the Client would be sent a Letter of Engagement from Quad-core Consultancy with the broad terms of the Loan against the BG.
6) If the terms are acceptable to the client, the Client would need to pay an UPFRONT Client Commitment Fees, this will be decided case by Case depending on the Size of the deal, varying from £10,000.00 to £50,000.00.
7) Once this has been paid to us, we would require All the KYC's and Forms to be back with us dually filled.
8) We would submit the forms and all documents on behalf of the client and get him the term sheet within 5 to 7 Business Days, during which the lender might come back with some Clarifications or Queries on the project or on the Client which would need to be answered or Clarified or Substantiated.
9) Once the Term Sheet is delivered to the Client, required documentation will be done by the client in favour of the lender. The client needs to provide the BG in favour of lender once the lender confirms. After the lender confirms his willingness to receive the BG, the instrument should be delivered within 14 days to the lenders designated bank.
10) After the Term Sheet, if the Client fails to provide the BG, the Client Commitment fees would not be refunded, we will use that as Charges for our Services.
11) Once the BG is transmitted, the Client will receive the Payment within 7 Business Days and our fees would be paid by the lender directly on the same day the Client's loan is disbursed and we would adjust upfront fees as well.
Regards
Bharat Periwal
You can contact me at +919843847774 , +233557361055
Hello
If any one is looking for re financing of LC . Refinancing means at the end of tenure the issuing bank is not able to settle the paymemt.
They want somebody else to pay behalf of the bank and they will re issue the lc on the financer .
To make this happen . We will need below documents
Issued LC copy
Applicant profile
The current applicant has to be visible .
Client pays a retainee cost upfront . Deal size has to be 2 million usd plus.
You can contact us at +919843847774
+233557361055
Regards.
If any one is looking for re financing of LC . Refinancing means at the end of tenure the issuing bank is not able to settle the paymemt.
They want somebody else to pay behalf of the bank and they will re issue the lc on the financer .
To make this happen . We will need below documents
Issued LC copy
Applicant profile
The current applicant has to be visible .
Client pays a retainee cost upfront . Deal size has to be 2 million usd plus.
You can contact us at +919843847774
+233557361055
Regards.
ONLY FOR INDIAN IMPORTERs
Trade Finance/ Warehouse funding / Stock and Trade
Please find below terms for cash and carry Model for your reference:
Payment and other terms:
· EMD of 20% of contract value to be deposited by buyer for LC issuance to supplier. EMD will be in place before LC issuance. This amount shall be adjusted towards the last delivery order.
· A Trade margin of 2% for each month or mutually agreed.
· Usance interest as per actuals for 90 days from the date of LC issuance to the supplier.
· Duty – Duty as applicable shall be paid by the buyer directly to customs and Bill of Entry will be filed under seller/ Financier company’s name.
· Handling / Stevedoring – to be paid by buyer as per actuals as mutually agreed.
· Financier sells directly to buyer on CNF basis, insurance will be on financiers account
· GST on freight will be charged to buyer’s account as collectible.
· Buyer to lift entire cargo in 60 days by paying in minimum lots of 5,000 Mt each. Seller/financier upon receipt of payment via RTGS from buyer shall release the delivery order for equivalent amount.
· Any delay in lifting the cargo beyond 60 days’ period shall attract plot rent as per actuals and finance cost of 12% per annum on balance cargo.
Note: RBI rate of the day of remittance to be taken into consideration while calculating the exchange rate.
· Any statutory duties/ charges at discharge port at actuals to be on buyer's account.
· Financing company not be liable for any issues arising out of quality, quantity and delivery of the cargo
File handing charges will be extra and on securing the funding we will charge you our fees .
Please write to us at svssourcing@yahoo.com
You can join our telegram channel for more updates .
@Financeimport
You can talk / chat to us at +919843847774 / +233557361055
Regards
Bharat Periwal
Trade Finance/ Warehouse funding / Stock and Trade
Please find below terms for cash and carry Model for your reference:
Payment and other terms:
· EMD of 20% of contract value to be deposited by buyer for LC issuance to supplier. EMD will be in place before LC issuance. This amount shall be adjusted towards the last delivery order.
· A Trade margin of 2% for each month or mutually agreed.
· Usance interest as per actuals for 90 days from the date of LC issuance to the supplier.
· Duty – Duty as applicable shall be paid by the buyer directly to customs and Bill of Entry will be filed under seller/ Financier company’s name.
· Handling / Stevedoring – to be paid by buyer as per actuals as mutually agreed.
· Financier sells directly to buyer on CNF basis, insurance will be on financiers account
· GST on freight will be charged to buyer’s account as collectible.
· Buyer to lift entire cargo in 60 days by paying in minimum lots of 5,000 Mt each. Seller/financier upon receipt of payment via RTGS from buyer shall release the delivery order for equivalent amount.
· Any delay in lifting the cargo beyond 60 days’ period shall attract plot rent as per actuals and finance cost of 12% per annum on balance cargo.
Note: RBI rate of the day of remittance to be taken into consideration while calculating the exchange rate.
· Any statutory duties/ charges at discharge port at actuals to be on buyer's account.
· Financing company not be liable for any issues arising out of quality, quantity and delivery of the cargo
File handing charges will be extra and on securing the funding we will charge you our fees .
Please write to us at svssourcing@yahoo.com
You can join our telegram channel for more updates .
@Financeimport
You can talk / chat to us at +919843847774 / +233557361055
Regards
Bharat Periwal
We can raise an sblc for you as a collatrol for your books .
Your bank should be ready to issue an lc against the sblc .
As soon the lc is been issued on us . We will provide you the cash and sblc will be released.
Now the usance lc bank issues will be for 180 days . So your client has access for cash 170 days . On 180 days we will call for the payment on the lc which you have issued . So all book will be settled.
If any quries do advice . There is a structuring fee which client has to pay upfront and then client has to pay service charges when the lc is been enchashed.
Any further quries do advice.
Please whats app / drop your message at +919843847774 with a small introduction abt you and your deal .
Regards
Your bank should be ready to issue an lc against the sblc .
As soon the lc is been issued on us . We will provide you the cash and sblc will be released.
Now the usance lc bank issues will be for 180 days . So your client has access for cash 170 days . On 180 days we will call for the payment on the lc which you have issued . So all book will be settled.
If any quries do advice . There is a structuring fee which client has to pay upfront and then client has to pay service charges when the lc is been enchashed.
Any further quries do advice.
Please whats app / drop your message at +919843847774 with a small introduction abt you and your deal .
Regards
Dear All
looking for company we will using there balance and show them as buyer to raise money
Company has to be in Agro business or metal business turn over should be 100 million plus .
Company should be based in Singapore / hk / Dubai or 1st world .
. ABC (Geneva) enters into a contract with PQR (Dubai) for supply of a commodity to XYZ as in merchant trade. The contract is valued at USD 5 million with deferred payment terms of 90 days.
2. ABC ships the goods, and sends shipping documents for acceptance to Bankers of PQR.
3. PQR receives the documents from their Bankers and accepts the same. PQR now has to make payment after 90 days.
ABC presents the accepted documents to their funder (ACUK) and receives funding for 120 days. They use the funds for 90 days, and refund the same to their funder.
4. Meanwhile, to eliminate the liability risk of PQR, internally, on the same date of acceptance (Para 3 above), XYZ rejects the goods on quality criteria and this rejection is accepted by ABC. This rejection note is presented by PQR to their bankers and thus eliminate the liability to ABC.
So, for this acceptance, PQR can
1. Use 50% of the funds for their own use and get 50% rejection letter and intrest will be shared equally. Cost of money per month will be 1%
2. Take 2% as service charges and matter closed.
You can reach me at +919843847774
looking for company we will using there balance and show them as buyer to raise money
Company has to be in Agro business or metal business turn over should be 100 million plus .
Company should be based in Singapore / hk / Dubai or 1st world .
. ABC (Geneva) enters into a contract with PQR (Dubai) for supply of a commodity to XYZ as in merchant trade. The contract is valued at USD 5 million with deferred payment terms of 90 days.
2. ABC ships the goods, and sends shipping documents for acceptance to Bankers of PQR.
3. PQR receives the documents from their Bankers and accepts the same. PQR now has to make payment after 90 days.
ABC presents the accepted documents to their funder (ACUK) and receives funding for 120 days. They use the funds for 90 days, and refund the same to their funder.
4. Meanwhile, to eliminate the liability risk of PQR, internally, on the same date of acceptance (Para 3 above), XYZ rejects the goods on quality criteria and this rejection is accepted by ABC. This rejection note is presented by PQR to their bankers and thus eliminate the liability to ABC.
So, for this acceptance, PQR can
1. Use 50% of the funds for their own use and get 50% rejection letter and intrest will be shared equally. Cost of money per month will be 1%
2. Take 2% as service charges and matter closed.
You can reach me at +919843847774