We can also provide Working Capital Finance to help you source your raw materials. Letter Of Credit From Our Eligible Banks For importers who are looking for new suppliers, one of the primary considerations when deciding on the payment terms is to ensure that the goods supplied are the goods ordered. The two main instruments to ensure this are documentary collections, whereby the importer only makes payment in exchange for documents of title for the goods shipped, and a letter of credit, where the importer requests his bank to guarantee payment for the goods, given certain conditions being met. Using Swiss Venture Funds Eligible Banks to process your letter of credit and collections offers a number of advantages, both to you and your suppliers. Advance rates reflect what could reasonably be expected in a liquidation scenario.
More liquid goods qualify for higher advance rates.
Ineligible or more heavily discounted inventory includes work in progress, consigned inventory, packaging and supplies, slow moving and obsolete or dated goods. Pre-loan audits are an important factor in determining advance rates on inventory. An exposition on the missions and operations of Swiss Venture Funds is beyond the scope of this web-site. Our resources, investing experience and culture put us in a unique position to help our clients. We are small enough to be responsive, innovative and flexible, yet we have access to the extensive resources of world's top 100 banks.