Help for Exporters Importers International Traders

Real Solution for your financing problems

Related to import - export transactions

If finding a real buyer and seller is tough , it is even more difficult to execute part of the transaction, wheather it be payments to suppliers, collections from buyers or proper and successful handling of documents.

According to international trade experts, more than 40% foreign trade entrepreneurs end up closing their companies prematurely due to one problem or the other related to Payments / collections.

Big banks, typically, just reject or overcharge the small exporters - importers - trading companies, while Small banks lack the expertise to understand the complexities of international trade or are simply too expensive.

Along with an abundance of opportunity, international trade presents different levels of risk and complexity compared to domestic commercial transactions. Just thinking that the sales contract is in place, the deal is firm, and an international trade transaction is almost done - is a tricky thought. How one is going to be paid - is a major challenge. Especially when the payment are via a letter of credit - the most popular method of doing business today worldwide.

Even if you are being paid via a letter of credit, there is no guarantee that you will really receive payment. A single misspelling in a document can result in refusal of payment.

Letter of credit is one of the most practical and smooth ways of doing international trade but will not stop bad faith, improper behaviour and strange tricks of your buyer.

Arbitration courts are full of these cases where "very secure" and "established companies" have shown complete bad faith and have successfully killed many honest and old fashioned good faith exporters/sellers.

We have evidence of dozens of cases where millions of dollars worth L/Cs, issued through very established banks have not been honored because the importing party, for their own reasons or interests, used the "discrepancy in the documents" clause as an excuse for non-payment. How many companies have had to close down just because of a few insignificant errors even though they complied with each clause in the sales/purchase contract.

On the other hand, an importer - has no guarantee that the suppliers will comply to the specifications or would supply the promised goods, as per the contract. Importing is as difficult as exporting.

If you are an exporter based in any state or country of the world, exporting any merchandise, service or product to any part of the world, or an Importer importing any product from any part of the world, and are worried about the discrepancies in the Letter of Credit (L/Cs), non-payment, non-delivery, dealing with 'tricky' bankers, high fees, other hazards and risks with payments and collections, we offer an easy solution to you.

Tradecorp will accept a regular letter of credit from your buyer and open a back to back letter of credit to your supplier.

We are a trade finance services company which could resolve many of your problems, reduce your costs expediate your collections and handle all your documents in a swift and professional manner.

While you as exporter or importer must concern yourself with identifying buyers or sellers, negotiations, manufacturing, procuring or distributing the product, transportation - you can consider us your trade-finance department as we can handle all your foreign trade financing needs saving you time , resources and capital.

We Are An Experienced Professional Group that can

• Scan and correct your L/c draft, sales/purchase contract
• Receive a letter of credit from your party
• Issue back to back letter of credit to your supplier/s
• Negotiate the letter of credit with any bank, anywhere in the world
• Prepare and present clean documents
• In most cased, pay you immediately after negotiation of the documents, even though the letter of credit may be payable at 30, 60, 90 or 180 or more days.
• Get you low interest rates
• Help you to sell on open account terms
• Resolve any problem of trade - finance
• Guide you on all aspects of logistics / transportation, insurance & trade information
• Provide you with information on your customers in any country.
• And many more services to help you succeed in global trade...........
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You can contact us in total confidence. We guarantee you the total confidentiality of the whole transaction regardless of the size or amount involved.

Of course, you can keep working with your present bank/s. We work with customers located in any part of the world without any restrictions.

We have been in business for last 12 years and have been able to help exporters and importers around the world.

After a single transaction you will understand how much time and capital you save.

Please contact us with a brief introduction on your company. After receiving your FAX or E-Mail we shall contact you in the manner desired by you ( Phone, Fax , Tlx or E-mail ) All serious and specific inquiries will receive our prompt reply.