About
Trade Finance Company
Trade Finance Company (TFC) is a global financial firm with offices in the USA, UK, Switzerland, and the UAE. We’ve successfully handled over 40,000 international deals in 100 countries.
We’re not brokers; we directly issue financial instruments like Letters of Credit and Bank Guarantees. Top banks, including HSBC and Standard Chartered, trust and use our instruments.
Our main role is providing businesses with unsecured financial instruments, especially when they lack collateral for bank transactions. We work alongside banks, not against them, with 90% of our business coming from their referrals.
Transactions start at $250k for Letters of Credit and $500k for other guarantees. Fees range from 1%–7% based on the transaction size, with no annual charges.
Why Choose Trade Finance Company?
1. Affordable Costs & Many Ways to Pay: Our fees are low, making it easy on your pocket. Plus, we offer different ways to pay, catering to everyone’s needs, especially for those in the trade finance world.
2. No Need for Collateral: With us, you don’t need to give any security or property to get our services. This is great for businesses that want to dive into international trade without tying up their assets.
3. Quick Service: Time is money, especially in trade finance. We work fast, so you get what you need without any long waits.
4. No Upfront Cash Needed: We’re here to help businesses grow. No need to pay any cash upfront, making it even easier to start trading globally.
5. We Handle All Goods: Whether you’re trading in food, machines, clothes, or anything else, we’ve got you covered. Our trade finance solutions work for all types of goods.
6. We’re Trusted by Many: Our long history shows we know our stuff. Many businesses trust us because we deliver reliable trade finance services every time.
ISSUANCE PROCEDURE
We need the following documents for initiate the issuance:
– Filled in Application Form
– Verbiage required in the instrument for SBLC & BG / Proforma Invoice for DLC
– Certificate of registration of the client company
– List of shareholders
– Passport copy of main applicant (director)
– Audited financial statements for the past 2 years (if available)
– Bank statements for the past 6 months (if available)
Step-by-step procedure:
1. After receiving all the above documents, we will select the issuing bank and send the standard draft.
2. Client reviews the draft for any corrections and/or amendments. Once the draft is approved, you will need to send us a copy of the draft with your signature and stamp on it as your approval.
3. You will sign the indemnity agreement that will also outline schedule of payment for all the issuing fees.
4. The Issuing Bank will issue and relay the instrument through SWIFT or hard copy as agreed within 12-48 hours after all documents are in order and arrangements have been met.
5. We will also send you the issued copy through email for your reference and record.
6. You pay any outstanding issuance charges as indicated in the agreement.
Note: The charges will depend on the value of the Financial Instrument, Tenure, Issuing Bank or NBFI.
Further questions or clarifications contact us without any hesitation. We will be happy to provide all the possible information you want from our side.