SHORT TERM DEALER

Available to

U.S. entities and Non U.S. entities domicile outside USA.

Exports Supported

Equipment, spare parts and consumable.

Program Description

  • For companies out side USA
  • For exports held by the dealer out of U.S. for resale to end users

Best used by

Foreign entities and exporters.

Coverage and Terms

  • This a combination of short- and medium-term financing.
  • Cash payment by the dealer of at least 15% of the net contract value.
  • The dealer will receive 180-day credit terms to finance the acquisition of U.S. capital good.
  • If the goods are resold and payment is received in full by the dealer by the end of the 180-day credit period, then the financing related to those goods must be repaid.

Otherwise, provided certain conditions are met, the original financing can be refinanced as follows:

  • If, at the end of the 180 day credit period, the goods have been resold on dealer credit, the dealer may refinance its debt obligations to the insured lender on either: i) a short-term basis (i.e., for an additional 180 days) or ii) a medium-term basis (i.e., generally up to 3 years from the date the original loan was made — including the initial 180-day credit period), depending on the term extended by the dealer to its customer); or
  • if the product remains unsold at the end of the initial 180-day credit period, the dealer may refinance its debt on either: i) a short-term basis or ii) a medium-term basis (up to a limit of 2 years from the date the original loan was made including the 180-day credit period).

 

Global Trade Financing

Letters of Credit
Capital Equipment
Project Financing
Bank Financing
Leasing
Factoring & Forfaiting
Purchase Orders
Commercial & Residential Loan

Global Trade and Financing logo clr
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Luis G. Castillo

Phone 1-305-992-7283
Email: Info@globaltradeandfinancing.com
Skype: globaltradeandfinancing
Address:
5791 NW 151 Street, Suite A
Miami Lakes, Florida 33014 USA