Get Letters of Credit Issued with Zero Collateral
We at Express trading Finance specialize in issuing Documentary Letters of Credit (DLCs), which are reliable financial tools that help make international trading safe and easy. We help you issue Letters of Credit that safeguard both sides and open up business prospects around the world, whether you’re an importer or an exporter.
What is a letter of credit in the form of a documentary?
A Documentary Letter of Credit (DLC) is an assurance from a bank that the seller will get paid once all the necessary shipping and compliance documentation are sent in. It protects both the buyer and the seller in international trade by lowering the risk and making sure the payment is safe.
We offer two primary kinds of Documentary Letters of Credit: Letters of Credit at Sight and Usance (Deferred Payment) Letters of Credit.
Letters of Credit at Sight
You can pay this LC right away if you show the right paperwork. It makes sure that the exporter gets paid as soon as the shipment is confirmed and the paperwork is in order.
Benefits include immediate payment for document compliance, reduced seller risk, and a dependable solution for new trade connections
Letters of credit with usance (deferred payment)
A flexible LC that lets you pay after a certain amount of time (60, 90, 120, or 180 days). This is great for firms that wish to enhance their cash flow without delaying delivery.
Benefits include improved cash flow for buyers, the ability to inspect goods before payment, and stronger long-term trade relationships.
Turning Trade Goals Into Reality
We issue Letters of Credit with no collateral to help firms deal with complicated worldwide trade. Our team makes sure that everything goes smoothly with issuing banks, that all the paperwork is correct, and that everything happens quickly, so you can trade with confidence. With our end-to-end support, you gain access to trusted banking networks, expert guidance on LC terms, and faster transaction timelines. This means fewer delays, reduced risk, and greater certainty in securing your international deals.
How We Help You Get Letters of Credit Issued—Seamlessly
Collecting Documents
We gather important papers, including a proforma invoice, a trade license, copies of passports, bank statements, audited financials, and a list of shareholders, to start the process of issuing a Letter of Credit.
Bank Selection & Drafting
We assist you in choosing a reliable issuing bank, finishing the LC draft, and making any adjustments that need to be made until everyone agrees and signs with a business stamp.
Invoice & Payment
After the LC draft is authorized, we send an invoice for the agreed-upon charges. Once we get your payment, we work with the chosen institution to send out the official document through SWIFT or HARD COPY as agreed.
Support and Delivery
The last Documentary Letter of Credit is sent out within seven business days. We provide you a copy by email and help you coordinate all of your trade paperwork.