Trade finance and 'Letters of credit'?
Wed, 03/11/2009 - 21:13
Hi,
I came across the Touch Financial website using Google and have so far found the website very useful. However I have a couple of questions I didn't see any references to on the site.
Do you broker for businesses requiring Trade Finance?
Do you broker for LOC’s (letter of credit)
Thanks a lot.
Titus
Hi Titus,
Thank you for taking the time to post your questions about trade finance and letters of credit.
Yes – we have several select specialist lenders in this field and are able to place businesses which are looking for both finished (preferable) and unfinished goods.
Yes – Several lenders will include these facilities within an invoice finance arrangement but we also have the facility to broker 'letter of credit' (LOC) facilities with Trade funders independently of any invoice finance arrangements.
I hope this helps, please let us know if you have any other questions.
Katerina.