Trade Finance
In a rapidly developing and competitive trade environment, a Trade Credit Finance Solution Provider that has the ability to access local knowledge, business customs, with a global reach is a highly valued credential.
In a continually evolving and competitive trade market, a Trade Credit Finance Solution Provider with access to local expertise and business customs while maintaining a worldwide reach is a highly desired credential.
Trade credit finance is a type of financing that helps people buy goods or inventories. It is often a form of short-term financing that goes beyond traditional banks financing and gives your company more flexibility to manage expansion by purchasing extra inventory. Trade Credit Finance is designed to fit the cash flow cycle, alleviating the burden of greater turnover, longer debtor payback periods, unlocking sales growth, and providing the freedom to tender for projects. Put simply, this is a type of transactional credit.
MIBL may manage transactions in which it facilitates or consults in areas that need the use of proper financial instruments such as Standby Letters of Credit (SBLC), Bank Guarantee (BG), Letter of Credit (LC), Proofs of Fund (POF), and Fund Transfer Instruments, among others. Banks and financial institutions throughout the world issue or broker credit instruments for clients who may require them. These are used to demonstrate to the receiver/seller that the issuer/buyer has the ability to pay for the transaction/deal/goods, which is often done when the issuer/buyer is required Payments should be made on the agreed dates for payment commitments or upon receipt of goods, etc.
We aim to offer a seamless solution for your trade credit finance requirements by leveraging various financial options, including commercial letters of credit and performance guarantees. By blending our expertise with insights from local trade specialists and our access to Trading Centers worldwide, we ensure that transactions are handled effectively, providing the best possible opportunities for your business.
MCB has the ability to handle transactions wherein it facilitates or consults in areas which require for using appropriate financial instruments such as – Standby Letters of Credit (SBLC), Bank Guarantee (BG), Letter of Credit (LC), Proofs of Fund (POF), Fund Transfer Instruments, amongst others. These credit instruments are issued or brokered for clients that may have the use for such instruments for their needs by banks and financial entities and are issued by Banks and Financial Institutions globally. These are a demonstration to the receiver/seller that the issuer/buyer has the capacity to pay for the transaction/deal/goods, which is usually done at the time of the issuer/buyer’s obligation to pay on the respective dates of payment commitments/receipt of goods, etc.
We aim to offer a seamless solution in your trade credit finance requirement through the various financial options possible and available, such as commercial Letter of Credit and Financial or Performance Guarantees. We combine our knowledge with views and guidance from local trade experts with an ability to access Trading Centres of the World to ensure that transactions are effectively managed providing the best possible opportunities to conduct business.