Get Paid, Every Time

The payment terms spectrum

From safest to riskiest for you: advance payment, Letter of Credit, documentary collection, then open account.

Match the term to how well you know and trust the buyer.

Letters of Credit, decoded

An LC is a bank's promise to pay if you present exactly the documents it specifies. Check every clause before you ship.

Even tiny mismatches cause rejections, so treat the LC as your shipping checklist.

Protecting yourself

• Use ECGC cover against buyer default
• Consider confirmed LCs for risky markets
• Realise proceeds on time and generate e-BRC

Financing the gap

Packing credit funds production before shipment; post-shipment finance bridges the wait for payment.