Letters of credit allow your company to build relationships, gain trust, and grow. Mainstream banks are increasingly unwilling to offer this service as part of their lending package. This poses a significant problem for importers that require Letters of Credit to fund their imports.
By using our services, your business can get letters of credit opened quicker and more easily allowing you to focus on building your business.
Why Choose Us?
We make letters of credit easier
At Conance Limited, we are dedicated to providing you with efficient, effective services for opening the L/C and dealing with the presentation of documents. Our experienced team will guide you through every step of he L/C, making what can be a difficult and time-consuming task, simple. We only require the most essential information from you, no complicated forms necessary.
We offer documentary guidance
Supplier errors can cause major problems for you and your customers. Late shipments can result in costly fines or even leave you with the goods as a result of a cancelled order. We’ll help you avoid any potential issues by dealing with any discrepant document negotiations.
We offer post shipment finance
One of the benefits of using Conance for your letter of credits is our ability to provide post shipment finance on a bill of exchange. We offer terms of up to 120 days from the bill of lading date, allowing you sufficient time to take delivery, process the order, deliver the order to your client, and get paid.
We handle foreign currency exchange
Our internal FX team can handle the forward cover necessary to protect your purchase cost. This ensures that your margin is locked in, providing added security to the transaction at the time of receiving the order from your customer.
Got any other questions?
Get in touch today. We’ll happily answer them.