Financial Services

Post-shipment finance

Post-shipment finance (short-term) refers to the credit extended to the exporters after the shipment of goods for meeting working capital requirement. It is given by the commercial banks after the shipment of goods and submission of commercial documents to them for negotiation or collection. Post Shipment Finance can help an export business to effectively manage their working capital, especially if it sells goods on credit wherein the funds remain tied up in invoices till the time goods are shipped and payment is received from the buyer. Since it takes time to acquire credit line from banks for a short-term requirement of funds without hard collateral, post-shipment finance will give a fast and collateral-free solution to maintain liquidity for your growing business