For export enterprises, access to pre-shipment financing is a key factor in ensuring production progress and international trade. In that context, finding out which banks support pre-shipment financing with flexible policies, competitive interest rates and quick procedures has become an urgent need. If your business is also looking for an effective and reliable pre-shipment financing solution, please refer to the article below by SeABank.

What is pre-shipment export financing?

Pre-shipment Export Finance is the productcreditprovided by banks to support exporting enterprises in supplementing working capital. This capital is used in purchasing raw materials, conducting production, processing, manufacturing and trading goods ready for export.

Pre-shipment export financing is a credit product for exporting enterprises.

When should businesses use pre-shipment financing?

The pre-shipment export financing package is an effective financial solution, helping businesses optimize capital flow, maintain continuous production and business activities and improve competitiveness in the international market. Therefore, this is an ideal solution for businesses when:

Need to supplement capital in time to proactively produce and trade export goods.
Desire to speed up order fulfillment and delivery, thereby improving supply chain efficiency.
Want to improve competitiveness in the international market, seize business opportunities.
Find solutions to minimize financial risks and ensure payment security in international transactions.
Oriented to expand export scale, increase turnover and revenue sustainably.

Pre-shipment export financing package will help businesses supplement capital in time

Criteria for choosing the right bank for pre-deal financing package row

Choosing the right financial partner not only helps optimize capital but also ensures safety and efficiency in the export process. To choose the right bank when using the package export finance before delivery, businesses should consider based on the following criteria:

Financial costs: Businesses should prioritize banks with competitive interest rates and service fees, ensuring optimal borrowing costs.
Credit conditions: Prioritize banks with flexible loan requirements and conditions that can easily be adapted to the specific operations and scale of your business.
Funding limit: Choose a bank with a high funding rate to help businesses have enough working capital to serve the entire production and export process.
Processing speed: Should choose those Banks that can process applications quickly, with clear disbursement procedures to avoid disrupting business plans.
Guarantee policy: Priority is given to banks with flexible collateral policies that can accept beneficiary rights from export contracts or receivables.
Bank capacity and reputation: Businesses also need to further evaluate the consulting capacity, reputation and level of support of the banking team throughout the financing process.

Businesses should choose reputable banks when needing export financing before delivery.

Which bank should businesses choose to support pre-transaction financing?

If your business is looking for a bank to support pre-shipment financing, SeABank is a reliable choice. As one of the banks highly appreciated in providing financial solutions for export enterprises, SeABank offers a specially designed pre-shipment export financing product, promptly meeting capital needs and supporting businesses to promote production activities and deliver goods on schedule.

Below are the outstanding advantages of pre-shipment export financing products at SeABank that businesses should not ignore such as:

Finance throughout the export cycle, from signing the contract/order and receiving the export L/C to the stage of completing the set of documents.
Quick disbursement right from the time of contract or L/C, helping businesses diversify capital sources and reduce financial pressure.main.
Support a variety of payment methods, including L/C, D/P, D/A, T/T,... flexible according to each specific plan.
Provides funding levels up to 80% export contract value or 90% Export L/C value, maximally meeting the capital needs of enterprises.
Flexible interest rates, adjusted according to each business's financial capacity, help optimize operating costs.
Diverse collateral policies, accepting future debt claims from export contracts/L/Cs.
Maximum funding period up to 9 months
Simple procedures, quick processing, helping businesses save time and resources in the process of accessing capital.

Pre-shipment export financing package at SeABank has many outstanding advantages

Conclude

With the advantage of competitive interest rates, high funding rates and flexible policies, SeABank is a reliable choice for businesses looking for effective financial solutions before exporting goods. Therefore, if your business is looking for optimal financial solutions before exporting goods, do not miss the opportunity to access timely capital from SeABank today.

To learn more and apply for pre-shipment export financing at SeABank, please visit the website: https://www.seabank.com.vn/doanh-nghiep or contact Hotline 1900.599.952 (Business Customer).