Banking Solutions
Trade Finance in Dubai
Are you facing a lack of cash flow or a lack of credit lines to conclude your business deals? Contact MTR Expert in Dubai! We provide the right financing option for you!
Trade Finance Providers in Dubai
Is your company participating in imports and exports? Are you facing a lack of cash flow or a lack of credit lines to conclude your business deals? MTR Expert in Dubai understands the nightmare caused due to shortage of adequate funds to pay for the goods or the inability to raise funds on time may lose the order and destroy your relationship with the client. So, what will be the right choice to maintain a steady cash flow? Making use of Trade Finance will be the best choice. MTR Expert, the trade finance provider in Dubai, provides trade financing solutions for importers, exporters, contractors, and manufacturers.
Trade Financing Options
We are the providers of Letter of Credit, Standby Letter of Credit, and Bank Guarantee from good rated banks.
How to Apply for a Trade Finance?
Follow the below steps to apply for a Trade Finance to conclude your trade deals without facing cash flow issues.
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Step 1
Submit your trade finance requirements to us.
Step 2
Our team will perform due diligence to check whether you are eligible to move forward or not.
Step 3
If approved, we will start working with our bank to structure the required trade finance instrument.
Step 4
Finally, the bank instrument will be issued on behalf of you from our bank account to the beneficiary's bank account.
Types of Trade Finance Offered by Us
Avail our Trade Finance Products listed below and do domestic/international trade easier and secure.
Letter of Credit
Standby LC
Bank Guarantee
Performance Bond
Payment Guarantee
Bid Bond/Tender Bond
What is Trade Finance?
Trade Finance is an umbrella term that includes a variety of financial instruments that an importer or exporter can use. The financial instruments widely used in imports and exports are – Letters of Credit, Standby LC, Bank Guarantee, and Bank Comfort Letters. As per recent statistics, nearly 80% of world trade depends on Trade Finance for imports and exports. Using trade finance not only helps to conclude their trade deals but also helps to reduce the trading risks involved.
Importance of Using Trade Finance
The major role of trade finance is to safeguard trade transactions to eliminate the risk of payment and the supply of goods. Using financial instruments as a mode of payment assures the buyer that they will receive the goods on time and guarantees the seller that they will receive the payment on time for the supplied goods without default.
Trade finance connects buyers and suppliers from two corners of the world and allows them to do business safely and securely. Using trade finance can safeguard your trade transactions from risks such as currency fluctuations and non-payment issues. Trade finance not only helps you in doing secure trade dealings but also allows you to conduct business with zero investment.
Choose MTR Experts in Dubai,
Are you facing a lack of cash funds or lack of bank facilities to conclude your trade deals? Availing Bank Instruments from us! We provide various financial instruments such as Letters of Credit, Standby letters of Credit, Bank Guarantee, Performance Guarantee, Advance Payment Bond, Bid Bond, and Bank Comfort Letter.
With a team of experienced financial consultants in Dubai, we provide the proper financial support to conclude your deals without facing cash flow issues.
Discuss with our trade finance consultants now!
Frequently Asked Questions
1. What are the 7 documents required with letters of credit?
Documents needed for a Letter of Credit in Dubai
- Bill of Lading for Shipping.
- Airline Bill
- Business Invoice
- Insurance Document
- Authentication document
- Baggage List
- Inspection Certificate
2. How long does MTR Expert in this industry?
We have been serving the needs of business owners, importers, and exporters since 2015.
3. What are the charges for opening a financial instrument?
The charges depend on the financial instrument you require and the validity of the instrument.
4. Is the financial Instrument renewable?
Yes, they are! You can renew the financial instrument 15 days prior to its expiry.
