Get Trade Finance Solution for your business

At LeRemitt, we understand how critical working capital is for our exporters. We have partnered with industry leaders to bring you post shipment financing for all your exports.

What do you get?

Post Shipment Finance

Up to 90% of Invoice Paid Upfront

Up to 90% of Invoice Paid Upfront

Higher Credit Line

Higher Credit Line

No Collateral Required

No Collateral Required

120-day Credit Period for Buyers

120-day Credit Period for Buyers

Buyer Default Protection

Buyer Default Protection

When a seller completes a shipment, LeRemitt steps in to provide immediate financial support by paying up to 90% of the invoice amount to the seller within just 48 hours. This rapid payment process is part of LeRemitt's innovative trade finance solution, designed to enhance the seller's cash flow and reduce the financial strain often associated with waiting for payment from buyers.

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Frequently Asked Questions

What are the eligibility criteria for the exporters and buyers (for import)?

The exporters (and buyers in case of importers) need to meet certain criteria to be eligible for Trade Financing:

• The Seller Volume needs to be $10Mn of exports as recorded in the previous year

• The buyer volume needs to be $25Mn of imports as recorded in the previous year

• The Seller needs to have completed at least one trade with the said buyer

Seller Countries:

1. India

2. Pakistan

3. Bangladesh

4. Singapore

5. United Kingdom

6. China

7. Hong Kong

8. USA

9. UAE

10. Germany

11. Netherlands

12. Canada

13. EU

14. Thailand

15. Vietnam

16. Spain

17. Mexico

Buyer Countries:

1. USA

2. UK

3. Germany

4. Netherlands

5. Mexico

6. Hong Kong

7. China

8. Peru

9. Brazil

10. India

11. Australia

12. OCED Countries

13. Singapore

14. Taiwan

15. Uruguay

16. Malaysia

17. Qatar

18. Vietnam

19. Kuwait

20. Saudi Arabia

21. South Africa

22. Costa Rica

23. Thailand

24. Colombia

25. Austria

26. Belgium

27. Canada

28. Chile

29. Czech Republic

30. Denmark

31. Estonia

32. Finland

33. France

34. Greece

35. Hungary

36. Iceland

37. Ireland

38. Israel

39. Italy

40. Japan

41. Korea

42. Latvia

43. Lithuania

44. Luxembourg

45. the Netherlands

46. New Zealand

47. Norway

48. Poland

49. Portugal

50. Slovak Republic

51. Slovenia

52. Spain

53. Sweden

54. Switzerland

55. Turkey

Gems & Jewellery and Petroleum sectors are negatively earmarked.

China/Hongkong:

• Latest Audited Financials for last 3 years

• KYC details of Directors

• Bank Details

• Company Documents - Unified Social Credit Code, Association Documents, Business License, Shareholding Certificate

Bangladesh (BD):

• Vendors/Sellers last 2 years audited financials

• Bank Details and last 6 months bank statements

• Registration Number - Business Identification Number, Tax Identification Number

• EKYC - Passport and National ID of the Directors

• Certificate of Incorporation, MOA/AOA, Business License (Import Export License), Trade Register Extract, Share Holder List/Pattern, VAT Certificate (TAX), Board Resolution, RJSC List of Directors: Form XII, DCCI Certificate of Membership

Singapore/UK:

• Latest Audited Financials for last 3 years

• KYC details of Directors

• Company Documents - Certificate of Incorporation, Association Documents, Certificate of Registration, Trade Register Extract, Tax Number Certificate, Shareholding Certificate and organizational chart

• Bank Details

UAE:

• Latest Audited Financials for last 3 years

• KYC details of Directors

• Company Documents - Association Documents, Business License, Certificate of Registration, Shareholding Certificate and organizational chart

• Bank Details

11%-14% (annualized). T&C Applied.

Since it’s a non-recourse product, the buyer’s line is being covered by an insurance company.

It’s an off-balance sheet solution.

LeRemitt

Company

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