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Business Finance  /   Trust Receipt ( TR ) Financing
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Trust Receipt ( TR ) Financing
After a L/C is opened and import shipment has arrived, you are supposed to pay against your L/C issued. Alternatively, you may apply for TR financing from us to assist you in paying your purchases. We will arrange finances for your purchases on your behalf through a loan called TR Financing in Dubai. You will undertake to sell the cargo, and use the sales proceeds for repayment.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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