Import Clearing Finance

These are short-term loans to facilitate the clearing of goods imported from overseas.

 

FEATURES

  • Loan duration – dependent on the nature of goods/marketability
  • Frequency of Repayment – it varies dependent on nature/marketability of the goods.
  • Requirements/conditions – vehicle (original documents) or any other collateral.


REQUIREMENTS

  • Bill of lading and other supporting document should be provided.
  • Collateral required
  • Businesses must be in operation above six (6) months.
  • Note from the shipping agency.


 Check list for Import Clearing Finance

  1. Bill of Lading
  2. Parking List
  3. Passport pictures and photo ID card
  4. Collateral, and its supporting documents
  5. Guarantor (Photo Id Card Picture and passport pictures) and other supporting documents.