Loan against export order?

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TOPIC : Loan against export order?

Posted on 11 October 2008 at 20:41:00

I am from Chennai, India and new to exports. There is an foreign inquiry for cardamom (spices). He wants to make payment after shipment. My supplier is asking immediate payment. Where can I apply for loan? I don't have property to get loan against it. Can any bank or any other financial institute help me? Can I get loan against export order?

Mr. H. Prakash Jain

Jayanthi Chemicals

Proprietor, Jayanthi Chemicals
Chennai, India

Paid Member, Joined :08/26/2008
No of Topics Posted : 2
Reply/Comments : 0

Re: Loan against export order?

Posted on 26 October 2008 at 10:29:00 [Message #1685 ]

Of course. As per my knowledge the Indian government supports exporters on this. There are so many government institutions which provide loan for export. They are pre-shipment loans and post-shipment loans. You must contact ECGC councils for further details.

MR. ANKIT JAIN

ANKIT FOOD PRODUCTS

Proprietor, ANKIT FOOD PRODUCTS
Delhi, India

Free Member, Joined :06/13/2007
No of Topics Posted : 12
Reply/Comments : 20

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