Supply Chain financing arrangement for UAE based Commodity trader15 November 2023
Goods: SPICES & DRY FRUITS TRADING
Exporting to: US, UK KSA and local sales in the UAE
Importing from: Thailand, US, India, local purchase in the UAE
Payment Terms: Sight
We are thrilled to announce the successful financing arrangement for in the form of PO financing for a UAE based Agri trader!
Our client, a company based in the UAE, in Al Ras market, has approached Capo Fin Corporation with a request to arrange Purchase Order financing with a credit period of 90 days from shipment date.
After careful study, negotiation, and diligent effort from all parties involved, we are pleased to confirm that the facility has been approved customer’s satisfaction. An offer was subsequently issued and the customer has started utilizing the credit line.
Spices are derived from plants. Their seeds, fruits, roots, bark, or other plant parts are used in medicine and as preservatives, flavorings, and fragrances.
The word “spice” comes from the Latin species which means merchandise. The spice trade has been going on for thousands of years and is still popular today.
This accomplishment underscores our commitment to delivering value to our stakeholders, and it would not have been possible without the hard work and dedication of our team members, partner banks, and collaborators.
We look forward to the positive impact this transaction will have on our organization’s growth and future success.
CapoFin can help in arranging Supply Chain financing from international and local credit funds. To apply for PO financing, click here.