Pre-shipment Export credit facility: is short-term renewable or one time advances that will be granted to exporters for the purchase of exportable commodities, processing and make it ready for exports.
This facility can be availed with DBE guarantee or without DBE guarantee against presentation of valid sales contract (Loans against Sales Contract) & against Export Letter of Credit (Loans against LC) as a bridge finance to address seasonal financial requirement of exporters.
Please review our general check list when you want to apply for any type of loan.