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Apply now for Export Finance
This is a flexible short-term lending facility that assists in purchase and/or manufacture of goods prior to export to the ultimate buyer.
Pre-shipment finance is designed to assist manufacturers or traders to exploit new or expanded export opportunities without interrupting their normal cash flow. Our pre-shipment credit is based on actual trading cycles.
The ICICI Bank edge
- Assistance - Flexible cash flow management tool that matches underlying trade trnasaction with your trading cycle
- Convenience - Helps you make timely payments to your suppliers, enhancing your business reputation and giving you potential to negotiate more favourable payment terms.
This facility finances export sales recievables from the date of goods shipment to the date export proceeds are realized. Post-shipment finance helps maintain continuity in your export cash flows, and allows you to reinvest proceeds from exports immediately.
The ICICI Bank edge
- Accessibility - Get access to funds immediately on presenting export collection documents
- Ease - Immediate post-shipment export finance for open account trading (subject to approval)
- Efficient - Quick turnaround time
- Convenience - Negotiation under LC, much simpler than availing regular working capital limits from a bank
- Flexibility - Maximum tenor of 180 days
- Meet your Requirements - Flexible cash flow management too which can match underlying trade transaction with your trading cycle and improve cash flow.
Benefit from the credit strength of ICICI Bank for confirmation of export letters of Credit received from other foreign banks. Eliminate the foreign bank and country risks from your export collections using ICICI Bank’s confirmation services. Once we add our confirmation to the Letter of Credit, you are assured of payment, subject to non-discrepent documents, irrespective of non-payment by LC opening bank.
The ICICI Bank edge
- Risk-averse - Eliminate the foreign bank and country risks from your export collections
- Convenience - Be assured of payment, subject to non-discrepent documents, irrespective of non-payment by LC opening bank.