Business Studies, asked by djpwjfpwdkpeo, 1 year ago

What do you mean by obtaining preshipment finance?(Explain it in perfect and easy words)

Answers

Answered by ashvika21606
0

Answer:

We purchase accounts receivables at up to 100% invoice value

We operate in more than 50 countries

We make decisions usually within 48 hours

Guaranteed payment and no collateral needed

Answered by Anonymous
1

\huge\red{\boxed{\bold{Answer}}}

\huge\underline\mathfrak\green{Obtaining\:pre-shipment\:finance}:

Pre-shipment finance refers to the credit extended to exporters prior to the shipment of goods for the execution of export order.

It, refers to any loan granted to an exporter for financing the purchase, processing manufacturing or packing of goods as defined by the Reserve Bank of India.

\huge\mathbb\blue{THANK\:YUH!}

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