When you import goods on LC, one of the ways to finance the payment of the LC is buyer's credit, which is explained in our section on buyer's credit.

However some times your primary banker may refuse to give a LC to the other banker and insist that you take buyers credit from them even if their rates are higher.

In this case the alternate is to go for suppliers credit, where you give your buyer LC for usance period but he gets immediate payment through the suppliers credit route. So you get benefit of cash discount and still get credit period on payments.

We can arrange for suppliers credit facility, at the best rates globally.

Any company having an import under usance LC can avail of this facility.