Import Loan

EVBL Group’s Import Loan provides export and import finance to assist businesses in meeting the needs of their customers.

Financing Import Loan Up To $5M

import-loan

With this loan option, EVBL Group finances the time required to sell and receive payment for an imported product. The importer seeks financing because of:

  • Insufficient funds to pay on delivery.
  • The availability of better purchase prices.

EVBL Group’s import loan processing involves three people

  • Financial institution
  • The importer
  • The broker

The financing operation must always be connected to the payment of imports.

Import loan process

  1. The importer and the financial institution will enter into a sales agreement through EV Business Loans.
  2. The foreign exporter delivers the goods to the importer.
  3. In order to pay the foreign exporter, the importer approaches a financial institution to obtain financing.
  4. The financial institution pays the foreign exporter.
  5. The importer uses the sales proceeds to pay back the financing when it expires.

Import loan Features

  • Length of contract
    The contract period will correspond to the time required to sell and collect payment for the imported product. Depending on the product, the periods in this type of operation usually do not exceed 90 days.
  • Amount
    Up to 100% of the operation, and even more if the purchase is ordered in advance.
  • Currency
    The currency used in import financing can be any officially traded currency. 
  • Repayment
    Repayment must comply with the deadline set in the import financing.
  • Rate of interest
    The rate of interest used will depend on the currency in which the import financing is denominated
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Rely On Us Worldwide

Contact EVBL Group if you need import loan. We offer a totally new and convenient way of borrowing. 

Why people Prefer Our Import Financing Package

We will purchase all of your merchandise in full and offer up to 90-day periods for payment following delivery.

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