Pre-export FinancingAbout Product

Product description

A pre- export loan is offered to finance export production. It includes financing of raw material's costs as well as secondary acquisition costs (such as custom duty, fees, transportation costs, etc.), direct wage and production costs, material and production overhead costs including depreciation, construction and project operation costs and other development costs, costs connected with construction of production line, with serial production preparations, costs of outsourcing, costs related to development and testing, other pre-production and production costs.

Pre-export loans are granted on condition that a subsequent export financing is agreed, usually in a form of a customer or a supplier credit tied to a specific export transaction as agreed in the export contract already entered into between the domestic exporter and the foreign customer (does not apply to financing of receivables).