A borrowing facility provided by a financial institution to help an exporter finance the costs of buying or making a set of products, and then packing and transporting them before shipment occurs. A packing credit loan will often be extended if a letter of credit has been issued by a purchaser of the products that is based in another country or a confirmed order for exporting the goods exists.
-
Blogger Comment
-
Facebook Comment
Subscribe to:
Post Comments
(
Atom
)
0 comments :
Post a Comment