Trust Receipt (TR) Financing
After a L/C is opened and import shipment has arrived, business is supposed to pay against your L/C issued. TR financing is most suitable alternative for the purchases.
We will arrange finances for purchases through a loan called TR Financing in Dubai. Company will undertake to sell the cargo, and use the sales proceeds for repayment.
Client can take money from bank on the security of post-dated cheques issued by their credit worthy customers. The bank in this case is certain that they will get the payment of this cheque on the due date from the customer of the client. Normally the cheques should not be dated for date which is later than 90 days from the date of discounting.
Approved Commercial brokers LLC can arrange for cheque discounting to meet immediate cash requirements with the security of post-dated cheques in UAE.
Local Bill Discounting (LBD)
This facility enables an organization to pledge its local receivables to the bank in return for immediate cash facility. The bank will hold an organization's receivables as collateral and provide the pledged amount with an agreed mark-up. This fulfils an organization's immediate cash requirements.
We can arrange for Local bill discounting to meet immediate cash requirements in UAE.
Trade Finance Facilities
Trade finance may include Documentary collection, trade credit insurance, export factoring, forfaiting and others and is used as a healthy tool to reduce the risk of the importers / exporters and guarantors. Trade finance usually refers to financing international trading transactions.
We can arrange for Trade Finance Facilities in UAE.
When running a business, a situation may arise that the client may ask to provide a financial guarantee from a third party.
This requires an expert banking consultant to manage and execute efficiently.
Approved Commercial brokers LLC can help you in arranging bank guarantee in situations that require financial guarantee from a third party.
Project Finance is a method of funding in which the lender looks primarily to the revenues generated by a single project, both as the source of repayment and as security for the exposure. Project Finance transactions play an important role in financing development throughout the world. This type of financing is usually for large, complex and expensive installations that might include, for example, power plants, chemical processing plants, mines, transportation infrastructure, environment, and telecommunications infrastructure.
Project financing requires having sound financial consultants to present the case to the bank. We at Approved Commercial brokers LLC with our past experiences and proven case studies can arrange you Project Financing in Dubai and elsewhere in UAE.
Bad Credit Loans
The bad credit becomes a hurdle at the time of Business loans, car loan or a personal loan. Or you must have some kind of collaterals in the form of assets to reckon with this. Money lenders, both individuals and finance companies, will always try to remain in the safe side virtually, demoralizing you by pointing at your bad credit history every time you approach them. But there is no point in waiting so long for a favourable weather to come. You should, optimistically, seek out for alternative solutions to start your new business.
We offer credit loans and credit risk loans for all small and medium enterprises with poor credit scores. We understand that poor credit history is a transient phase that will be overcome with suitable financial aids. However worse your credit history is, we lend you both unsecured and secured loans.
BONAFIDE Expert in Financial Solutions