differents between preshipment and post shipment finance
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Export Pre Shipment and Post Shipment Finance. Pre ShipmentFinance is issued by a financial institution when the seller want the payment of the goods beforeshipment. The main objectives behindpreshipment finance or pre export finance is to enable exporter to: Procure raw materials.
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Pre-Shipment finance refers to the credit extended to the exporters prior to the shipment of goods for the execution of the export order.
Post-Shipment Finance Post-shipment finance refers to the credit extended to the exporters after the shipment of goods for meeting working capital requirement.
Post-Shipment Finance Post-shipment finance refers to the credit extended to the exporters after the shipment of goods for meeting working capital requirement.
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