Trade Finance

We arrange for finance for payment of imports in India arranged by the importer (buyer) from a bank or financial institution outside India. 

Glasba's buyer's credit facility allows the buyer, or the importer, to borrow at rates lower than what would be available domestically.

Have you extended a credit period to your foreign buyers? Do you often wait for buyer payments? Is your bank’s restricted credit facility limiting the growth of your export business? Do you want a financial solution that is fast, paperless, reliable, transparent and collateral-free? If you have answered yes to any of the above questions, you need export finance to get that competitive advantage. Here’s how our solution can help you grow your business. From Extending Flexible Payment Terms to your foreign buyers to getting a line of Export Credit Over and Above your bank’s credit facility to spending less time to collecting buyer's payments - we help you with all.

A guarantee is a contract to perform the promise or discharge the liability of a third person in case of default. There are three parties to a guarantee. The person who gives the guarantee is called the 'Surety' or 'Guarantor'; the person on whose behalf the guarantee is given is called the 'Principal Debtor' and the person in whose favour the guarantee is given is called the 'Creditor' or 'Beneficiary'.

Bank guarantee can be sanctioned to cover a single transaction or to a series of transactions. Guarantee which extends to a series of transactions is called a continuing guarantee. Glasba arranges all sorts of guarantee for its clients.