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LC Discounting
A letter of credit( LC ) is a written promise by a bank to pay for goods a buyer purchases from a seller. Discounting is a way a seller gets paid immediately even if the buyer wants a longer term for payment. We can help you in LC Discounting in Dubai or elsewhere in the UAE through most efficient method.Call us at +97167475144 or send an email to info@crmfinancing.com

Requirement
  • 12 month bank statement of Business account
  • Years in business: Minimum 3 years
  • Clear repayment history of any other loans
  • Business turnover of minimum AED 5-8 million per year
  • Profitability: Net profit to be positive for last 2 years
  • Audited financials (Balance Sheet) – 2 years
  • History of having done some LC transactions in the past - desirable
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