GR financial support for 52 countries on the Russian market
27 September 2022, 07:38
A set of support measures for export and import to friendly countries on the Scrap-Exchange.com
As part of the support of Russian businesses in the industrial ecosystem of the Scrap-Exchange.com starts accepting applications for trade and export financing services to support exports and imports, as well as implementing a set of logistics measures to send friendly countries from the non-sanctioned list:
China | Turkey / India / United Arab Emirates / Egypt | Iran | Turkey | Kazakhstan | Abkhazia | Serbia / Afghanistan | Algeria | Argentina | Bahrain | Belarus | Brazil | Vietnam | Indonesia / Iraq / Jordan / Kenya | North Korea | Costa Rica | Kuwait | Lesotho | Lebanon | Mauritius | Madagascar / Malaysia / Maldives | Morocco | Mozambique / Moldova | Nicoragua / Nepal / Pakistan / Israel | Peru | Saudi Arabia | Seychelles | Syria / Thailand | Tanzania | Tunisia / Uruguay | Fiji / Philippines | Sri Lanka / Ethiopia | South Africa | Jamaica
About import support
Within the framework of import operations of the exchange-scrap companies.The Russian Federation offers a wide range of trade and export finance products and services for related financing, ECA-covered financing, post-import financing, and guarantee operations
Related funding
Linked financing is intended for clients engaged in foreign trade activities. Partner banks provide loans to corporate clients by attracting linked interbank funding from foreign financial institutions, while the main focus is on short-term financing. The advantages of linked financing are the availability of significant amounts of funds, the lower cost of lending to customers, and the simple and fast structuring and implementation of operations.
Financing under the ECA coverage
EQA financing is provided primarily for importers of capital-intensive goods and services supplied by foreign suppliers with long payback periods (aircraft, new production lines, factory construction, high-tech equipment, machine-building products, etc.).
Partner banks bourse-loma.the Russian Federation provides long-term financing with depreciation to a corporate client for the purchase of imported equipment /payment for services of a foreign counterparty at the expense of attracted related funding from foreign financial institutions, while the ECA guarantees the transaction to increase the terms and reduce the cost of financing (it is also possible to defer payment for up to 2 years for the payment of the principal amount of the debt)
Post-import financing
Post-import financing is provided for importers of goods and services (raw materials, food, agricultural products, machinery and equipment, spare parts, etc.) supplied by foreign exporters. Depending on the subject of the contract and the counterparty country, the exchange is scrap.The Russian Federation is ready to organize post-import financing for up to 5 years. Currently, post-import financing is implemented through a letter of credit scheme with deferred payment and discounting. When performing this operation, a letter of credit with deferred payment is opened on behalf of the importing client, which is discounted by a foreign bank when the exporter submits documents. In fact, the Client receives a deferred payment for the specified period (up to 5 years) at a favorable rate, provided that the foreign exporter receives money immediately upon shipment/submission of documents to a foreign bank. This form of financing is currently the most profitable for the Client due to the optimal conditions for discounting by foreign banks that cooperate with Russian banks.
Customs Bank guarantee
Warranty operations
Bank guarantees issued by banks under counter-guarantees of foreign banks allow the importer to mitigate the risk of non-fulfillment of obligations under the contract by a foreign supplier (including a foreign contractor for a construction project).
Partner banks also arrange for foreign banks to issue payment guarantees in favor of foreign exporters/ contractors.
About export support
To support the export of companies, partner banks offer a wide range of trade and export finance products and services for related financing, guarantee operations, and documentary operations for banks
Related funding
Linked financing is intended for clients engaged in foreign trade activities. Partner banks provide loans to corporate clients by attracting linked interbank funding from foreign financial institutions, while the main focus is on short-term financing.
The advantages of linked financing are the availability of significant amounts of funds, the lower cost of lending to customers, and the simple and fast structuring and implementation of operations.
Customs bank guarantee. Financing of export letters of credit
Issuing bank guarantees on behalf of and under the counter-guarantee of counterparty banks under export contracts
Partner banks guarantee the fulfillment of obligations of foreign importers. In case of non-fulfillment of the contract conditions and the Beneficiary submits a claim for payment that meets the guarantee conditions, the partner banks make a payment for the amount of the claim. Partner banks also arrange for foreign banks to issue guarantees for the return of the advance payment/ fulfillment of obligations in favor of foreign importers/ customers.
Confirmation of letters of credit issued by counterparty banks
Closes the risk of non-payment by the importer of obligations to the exporter under the contract. Upon submission of the shipment documents stipulated in the terms of the letter of credit, the partner banks undertake to make a payment for the amount of the documents, even if the importer and his bank are unable to pay for the delivered goods. The product also allows the exporter to avoid the occurrence of low-quality accounts receivable
Provision of deferred payment financing for export letters of credit opened by the importer's bank and confirmed by partner banks
Allows the exporter to grant a foreign counterparty deferred payment for the delivered goods using credit funds of partner banks. At the same time, the supplier receives payment immediately upon presentation of the shipment documents, while the credit limit is used to the importer's bank.
About a set of logistics measures to support Scrap-Exchange.com
International program for a set of logistics measures
DelMar Logistics company in the framework of the Scrap-Exchange.com project offers clients engaged in trade activities, support for the delivery of goods to customers both within Russia and abroad.
Clients are provided with assistance in organizing cargo transportation by various types of transport: sea, railway, auto (including containers, awnings, special trailers), including:
- terminal handling and storage of cargo
- survey inspections
- forwarding services
- customs clearance
- registration of necessary permits
- development of cargo securing schemes
- cargo insurance
- organization of transit of import and export cargo through third countries, including storage, re-loading, road and railway transportation.
Our services are provided on the basis of freight forwarders and carriers with a first-class business reputation, who have passed the necessary training and have many years of successful experience in handling cargo.:
You get a full-time, dedicated product search and document processing specialist who will deal with your needs.
Your account manager will be well versed in the Chinese and Turkish markets.
In addition to the usual search services, you will also get some additional benefits. It includes customization, labeling, packaging, OED, ODM
They provide an extensive network of sourcing services, finding your suppliers in different markets. This includes finding a product, manufacturing it, and delivering it to your warehouse.
You can get comprehensive support from the consultant by following the link on the website
