What is Trade Finance?
Trade finance represents monetary activities related to commerce and international trade. Trade finance includes the issuance of documentary letters of credit (DLC), factoring, export credit and insurance. Companies involved with trade finance include importers and exporters, banks and financiers, insurers and export credit agencies, and goods or service providers.
The function of trade finance is to introduce a third-party to transactions to remove the payment risk and the supply risk while providing the exporter with receivables according to the agreement and the importer with extended credit. Suppliers, banks, syndicates, trade finance houses and buyers all provide trade financing. Ametheus helps bring all of these pieces together through our technology and support services, ensuring effective funding and settlement of trade finance commitment over the life of the financing agreement subject to applicable terms and conditions formulated by our in house finance team.
Visualizing a letter of credit transection
Our Role in Trade Finance?
Ametheus Holdings Pvt Ltd is a trade finance service aggregator and facilitator, not a lender, working with Limited and selected Companies and Incorporated Bodies. Our goal is to engage genuine Buyers and Sellers of various commodities and to provide them Letter of Credit facilities. Our product line offers a variety of leased products from the top financial institutions. What we offer are for corporations in B2B basis who require credit line to import commodities.
We assist companies to structure import credit line. While we can access many traditional forms of finance, we are specialized in alternative finance and complex funding solutions related to international trade. We help companies to structure import finance in ways that is sometimes out of reach for mainstream lenders. We arrange LC for client’s supplier upon a deposit margin depending on commodities and a service fee which varies depending on amount and tenure of LC.
Our extensive connection with premier business houses powered us to organise Letter of Credit from the top of the line banks with validity of 90-180 days. We arrange LC for client’s supplier upon a deposit of refundable or adjustable margin amount depending on commodities and a non refundable service fee which varies depending on amount and tenure of LC. Client requires to settle the balance payment and charges 7-14 days before the shipment arrives at the destination port.
Products we cover:
We can issue LC for such kind of commodities which have a market based price index. We prefer LC for following products:
Scrap
Metals & Minerals
Coal
Building Materials
Chemicals
Agri Commodities
Petroleum Oil
[email protected]
www.ametheus.com
