Service

  • SCBM provides short-term working capital financing to your company when you ship goods under a Letter of Credit (L/C) or Bill for Collection (B/C). The value stated in the trade documents determines how much financing we can provide.
  • SCBM will send the collection documents to your customer's bank (the L/C Issuing Bank or Remitting Bank). After SCBM receives their payment, we settle the financing provided to your company.
  • Purchase/Discount of documents under L/C or B/C can be done in with recourse basis when SCBM has a right of recourse to your company if the L/C Issuing Bank or Remitting Bank does not make payment on the L/C or B/C.

Highlights

Supports purchase/discount under Letter of Credit or Bills for Collection  with recourse.

Supports purchase/discount under Letter of Credit or Bills for Collection with recourse.

SCBM's trade professionals provide fast, accurate and reliable service. Our Trade Specialists are ready to assist you in every step of your transaction

SCBM's trade professionals provide fast, accurate and reliable service. Our Trade Specialists are ready to assist you in every step of your transaction

Benefits

  • Helps you better manage liquidity with post-shipment working capital financing
  • Helps to expand your customer base by facilitating sale of goods under L/C with trading partners all around the world*, even in new or unfamiliar markets that might have higher risks
  • The credit facilities fit your business cycle because the credit terms are derived from the value of the sales/purchase of goods as specified in the documents for collection

* Subject to SCBM’s risk appetite on transaction date.