SMR Corporate Service Pvt Ltd

Keywords :

Buyers Credit, Suppliers Credit, Bill Discounting, Trade Finance

SMR Corporate Service Pvt. Ltd. is a professionally managed organization providing consultancy and trade finance solutions in international & domestic markets. It has a special edge in providing overseas funding through various instruments which are used in the international market It is specialized in transaction banking services like buyers credit and suppliers credit SMR Corporate Service is part of one of the older conglomerates, Lal Qilla Basmati Rice Group which operates pan India. This group has rich experience in evolving new ventures and thus diversified into many sectors like food grains, real estate, education and metals. Group’s companies like Punjab Gas Cylinders, have experience in dealing with high profile corporate like IOC, BPCL, HPCL, Hero Honda, MMTC, Hindustan Zinc, Hindalco and BALCO. The food Grains division deals with entities like Aditya Birla Group, Reliance Retails, Bikanervala Foods and hoteliers like Oberoi hotels & Trident group. Facing limited access to capital in their own countries, and unable or unwilling to borrow from local banks, companies in emerging foreign markets now more than ever before are seeking working capital in the form of trade finance. When a company needs trade finance for its purchases from multiple suppliers, however, it may not be practical or even possible for every supplier to obtain insurance coverage or offer open-account export credit terms. An alternative solution is to arrange an international trade finance facility for the buyer under which a third-party overseas lender pays the suppliers when the goods are exported and then extends more favorable cross-border payment terms to the buyer on swift undertaking of domestic bank of buyer. SMR Corporate Group has team rich experienced professionals who are successfully arranging swift finance facilities for manufacturers, distributors, government agencies, and other importers located in domestic & foreign markets. International Trade Loan 1) Financing the usance Import L/C from overseas bankers at international competitive rate of interest. 2) Import Credit to corporate back byL/C Issue by their domestic bank from overseas banker at international rate of interest. Domestic Trade Loan Discounting of usance L/C at competitive rate from domestic financial institution. Discounting of receivable by providing a line of credit on debtors from esteemed financial institution. LC confirmation The confirmation of letters of credit is a well established trade finance instrument. A confirming bank, usually in the beneficiary’s country, provides a guarantee of payment on due date on top of the L/C issuing bank’s own commitment to pay the exporter. Our dedicated staffs are both knowledgeable and well experienced in providing you will the best possible service in this area. SBLC Financing Do you have plans for expanding your business with contracts to deliver as much of your product as you can make, but not enough cash to build that facilities needed to manufacture them? Have you entered into an agreement to sell goods or services? You secure a lucrative contract, but you need money from the order and can't wait several years for them to pay you. Now you have a way to access those funds. It is a way that very, very few members of the financing community even know exists. We can arrange fund against stand-by letters of credit (SBLC) and irrevocable letters of credit (LOC). Bank Guarantees We arrange all overseas bank guarantee like Bid Bond, Performance Bond and Financial guarantee