what is pre & post shipment ?
96 Views|Posted 2010-01-18 10:29:45
Asked by Bipin Zalariya
1 Answer
Answered by
2010-01-18 16:38:13
Hi Bipin,
A pre requisite to avail of pre-shipment financing is that the Exporter should have a credit facility in place with a bank. Each bank has a credit process that determines the amount of funding the bank can give the company.
Post-shipment finance is a loan or advance granted by a bank to an
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