Pre-Shipment Finance

Pre-Shipment Finance

A short-term loan or other financing arrangement that an institution extends to a company to pay for inventory or other costs while it prepares its products for export.
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Similarly, pre-shipment finance can provide a manufacturer or exporter with the working capital needed to produce and ship goods once an order has been confirmed from a quality buyer, and is backed by documentary credit.
Pre-Shipment Finance - provides |capital to produce and ship goods.
All banking needs for commercial clients such as accounts, cash services, transactions, remittances, trade and working capital facilities, pre-shipment finance, commercial vehicle, construction equipment, medical and professional equipment loans are provided by the JAFZ branch and the SME sales and service centres.
According to the press release, the JAFZ branch and the SME sales and service centres are comprehensive banking centres fulfilling all banking needs for commercial clients from accounts, cash services, transactions, remittances, trade and working capital facilities, pre-shipment finance, commercial vehicle, construction equipment, medical and professional equipment loans.