Letter of Credit (LC)
A Letter of Credit (LC) is a non-fund based trade finance instrument issued by a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount upon presentation of compliant shipping documents.
LCs eliminate counterparty default risks in high-value commerce, allowing businesses to negotiate favorable procurement pricing with domestic and global manufacturers.
At Anant Finvest, we assist businesses in establishing competitive non-fund based LC limits with minimal cash margins and swift document processing.
Establish Trade LC Facility