- Country: India
- Industry: Logistics, Distribution
- Stage: Initial growth (first revenues)
- Investment size: $54,000 / min. $10,000
We are exporters and have started our business recently. We are having a LC for shipment of USD 54000 but the LC is a post shipment one and we are in shortage of finance to purchase the material. We require finance for one month only. As soon as we release the material we will discount the LC and return back the amount.
This shipment will be our first shipment. We have received the LC from a primer bank. It is a post shipment LC which we can discount as soon as the material has been realised. The product is Red Chilly which is of great demand. We need an investor to help us establish our company.
We can get the material at a lower price and have good profit.
Rationale for the deal
We can offer the buyer very compitative prices as we are having contract with the farmers.
Use of financing
We require USD 54000 and as soon as we discount LC in bank and amount credited to my account. We will repay the whole amount.
Opportunity for the investor
We are loking for debt investment (in form of loan) at low interest rate. The amount will be repaid within 30 days.
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