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Bill Discounting and Invoice Discounting under this type of lending, Bank takes the bill drawn by borrower on his
A bank guarantee is a guarantee given by the bank on behalf of the applicant to cover a payment
Pre-shipment/Packing Credit' means any loan or advance granted or any other credit provided by a bank to an exporter
A Letter of Credit is a contractual commitment by the foreign buyer's bank to pay once the exporter ships
Factoring Loan, also known as accounts receivable financing, is a flexible funding option where businesses sell their accounts receivable
The business loan meaning is a loan product offered to business owners who have a running company but require
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