Saturday, July 28, 2012

Bankers Export Credit Facility (BECF) | EXIM Bank Jamaica

Bankers Export Credit Facility (BECF) | EXIM Bank Jamaica: "As a Jamaican exporter we know you have competing demands on your Cash flow - to purchase raw material, meet administrative expenses, and other costs.  As you grow your business and expand your market you should not have to worry about cash flow.  EXIM can help you build your business by giving you the working capital support you need.

Banker’s Export Credit Facility (BECF) is an attractively-priced short-term working capital loan facility for exporters– offering both pre and post shipment financing, conveniently accessible through our network of Approved Financial Intermediaries (AFIs) Whether it is that you need working capital to complete an order, or you have already shipped your goods and are awaiting receipt, EXIM Bank’s affordable financing can help to keep your business going.

Pre-Shipment Financing
If you need to purchase raw materials to complete your finished goods for export or need to procure other locally produced goods to fill export orders, then this option is for you. Loans are granted for a maximum period of 90 days on a revolving basis and you can get up to 100% of the FOB value of an export order. "

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