Confidently take business abroad with the added assurance that letters of credit offer. Whether you are importing international goods or exporting products overseas, our Global Trade Operations team provides expert service to help minimize risk and maximize cash flow. We provide consultative services and take the time to guide you through the entire process from inception to final payment.
Export Letters of Credit
We can assist you by providing important details that can be incorporated in your sales contract. Let us show you how to gain competitive advantage by providing terms to your buyer while providing you with immediate payment to protect your cash flow.
Import Letters of Credit
If you require letters of credit to import goods and services from overseas, our team of experts can guide you through the process. We'll provide accurate advice to help you structure a letter of credit that works for you.
Standby Letters of Credit
Our standby letters of credit are widely accepted in the local U.S. market and worldwide and support a wide variety of activities including construction, insurance premium, EPA, and bond issue guarantees.
Import/Export Documentary Collections
Like letters of credit, documentary collections can provide for timely movement of required shipping documents and payment. However, unlike letters of credit, there are no assurances of payment. These are great low-cost alternatives for companies who have worked together and have a high degree of trust.
Whether working with an export letter of credit or doing open account import or export transaction, short-term (up to 180 days) financing may be possible on eligible trade transactions. Let us show you how to gain pre or post-shipment financing using this self-liquidating financing tool.
Trade Finance Lines of Credit
We can help you grow your international business by providing you with a trade finance line of credit. These lines specifically support your trade efforts by allowing you to advance funds for the purchase of raw materials or provide you with increased advance rates of up to 90% on your foreign receivables.
SBA Export Working Capital
Need support to help grow your international business but cannot qualify on your own? We partner with the Small Business Administration to provide export working capital lines of credit with the backing of the U.S. government. As an SBA Preferred Lender, we can do so quickly and seamlessly.