The companies you do business with, undoubtedly have impeccable credentials. But why take a chance? Tata Capital, with its associate banks, offers Letter of Credit (LC) facility which arms you with guarantee of payment, especially useful while transacting with companies you have had limited exposure to and also for importing your capital goods from any part of the world. We offer two types of LCs, Sight and Usance LCs, both inland and foreign. Our LCs get sanctioned and issued quickly, and are competitively priced.
Additionally, extending financing in foreign currency at competitive rates for Import LCs can be structured by us for the companies you deal with through our arrangement of Supplier’s Credit solutions under LCs.
Tata Capital Advantage:
- Offers two types of Letters of Credit: Sight & Usance LC, both inland & foreign
- Tie ups with large global OEMS
- Structuring of financing solutions in foreign currency at LIBOR rates to avail extended credit against the Letters of Credit
- Financing up to 100% of LC value
- Convenience of payment as per LC terms
- LIBOR based pricing upto 3 Years
- Quicker approvals
- No Extra Collateral
OTHER TYPES OF STRUCTURED PRODUCTS
We provide a number of Structured Products that are tailored to the unique needs of businesses.
