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Bill Discounting and Invoice Discounting under this type of lending, Bank takes the bill drawn by borrower on his (borrower's) customer and

A bank guarantee is a guarantee given by the bank on behalf of the applicant to cover a payment obligation to a

Pre-shipment/Packing Credit' means any loan or advance granted or any other credit provided by a bank to an exporter for financing the

A Letter of Credit is a contractual commitment by the foreign buyer's bank to pay once the exporter ships the goods and

Factoring Loan, also known as accounts receivable financing, is a flexible funding option where businesses sell their accounts receivable (invoices) to a

The business loan meaning is a loan product offered to business owners who have a running company but require external funds for