Pre-shipment finance: Difference between revisions
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Pre-shipment finance is also sometimes known as 'packing finance' or 'packing credit', referring to the preparation and packing of goods for shipment. | Pre-shipment finance is also sometimes known as 'packing finance' or 'packing credit', referring to the preparation and packing of goods for shipment. | ||
It is also sometimes known as 'pre-export finance'. | |||
==See also== | ==See also== | ||
*[[Bank payment obligation]] | *[[Bank payment obligation]] | ||
* [[Finance]] | |||
*[[Letter of credit]] | *[[Letter of credit]] | ||
*[[Post-shipment finance]] | *[[Post-shipment finance]] | ||
*[[Purchase order]] | |||
*[[Receivables finance]] | *[[Receivables finance]] | ||
*[[Supply chain finance]] | *[[Supply chain finance]] | ||
[[Category:Trade_finance]] | |||
Latest revision as of 15:57, 2 October 2023
Supply chain finance.
Financing provided to a seller of goods, for their sourcing, manufacture or conversion, before delivery to the buyer. Pre-shipment finance can also be applied to services.
The finance provider will normally require an appropriate purchase order, letter of credit or bank payment obligation in addition to evidence of the seller's ability to perform under its contract with the buyer.
Pre-shipment finance is also sometimes known as 'packing finance' or 'packing credit', referring to the preparation and packing of goods for shipment.
It is also sometimes known as 'pre-export finance'.
