Trade Financial Supports
Trade Financial Supports
ESEN aims to support small and medium-sized business as well as financing of socially significant infrastructure projects with beneficiaries in IIB Member States.
Through ESEN IIB provides its Guarantees/SBLCs, Irrevocable Reimbursement Undertakings (IRUs)and Trade Related Loans covering 100 per cent of the face value of the underlying trade finance instruments to international confirming & financing banks for short-terms operations, taking the political and commercial payment risk of international trade transactions undertaken by the issuing banks.
As part of ESEN IIB provides annual trainings to its partner banks and exchange of experience seminars.
ESEN strengthens the ability of local banks to provide trade financing and through these banks gives entrepreneurs throughout IIB Member states the support for export or import transactions.
In the dynamic and interconnected world of international trade, companies face numerous challenges when it comes to managing their trade finance operations effectively. Trade finance, encompassing various financial services and instruments, plays a critical role in facilitating smooth transactions and mitigating risks for importers and exporters. However, the complexity and time-consuming nature of trade finance activities often demand specialized expertise, advanced technology, and significant resources. As a result, many businesses turn to outsourcing as a strategic solution to optimize their trade finance operations. The expertise, cost savings, scalability, risk mitigation, and access to advanced technology offered by outsourcing providers make them valuable partners in streamlining and enhancing trade finance operations.
At ESEN, we are committed to building sustainable long-term business relationships based on trust, reliability, and exceptional service. Let us handle the complexities while you focus on growing your business and seizing new opportunities in the global marketplace. Partner with us for end-to-end trade finance support that goes beyond the transaction.