Trade Finance 

MBG Business - Trade Finance for regular importers from mainland China.
 
MBG Business can provide up to a trade finance facility of up to 65% of the China CIF procurement cost for importation of goods from mainland China. The key value of which is to offer critical cash flow funding to approved importer clients.

​The key features and terms of such a trade finance facility are as follows:
 

• Minimum trade finance offering is not less than USD$100,000, with no maximum limit.
• Minimum pre-requisite for credit application is that the borrowing Company has been registered and operated for a minimum of 3 years with last year turnover not less than USD$200,000.
• The Company is solvent and has a good credit rating.
• The Company has imported at least twice from mainland China in the last three years or import twice from a country other than China and have met all payments on time.
• The trade finance is only available for procurement from mainland China.
• The lender can provide up to 65% of the procurement plus freight cost with China.
• 180 days is calculated from bill of lading date.
• Once off application fee applies.
• A 1/2 Yearly line fee is payable
• A competitive fixed interest rate for the term of the facility applies. 
• The principle and interest are payable before the end of 180 days.
• The approved trade finance facility can be recycled and used by the Borrower once the repayment credibility and track record has been established with the China lender.
• The trade finance facility can be reviewed and raised after the borrower credibility has been established.
• The trade facility is funded in US dollars only.

 
Please contact us to the discuss this Trade Finance facility along with the terms and conditions.