How a Dubai Import-Export Firm Secured
$1M in Letters of Credit
Without Using Their Own Collateral
Mid-sized importer unlocked working capital and secured 3 new supplier contracts within 45 days through our team’s facilitation of third-party collateral-backed LCs.
$1 Million
60%
3 New
7-10 Days
Client Profile
A mid-sized import-export firm based in Dubai, UAE, specializing in importing commodities like machinery and agricultural products. They partner with major suppliers in Asia, China, and Africa, but faced severe financial constraints in expanding their trade operations.
The Challenge
Core Problem
The company needed Letters of Credit (LCs) to fulfill supplier contracts, but traditional banks required 100% cash collateral. This effectively froze their working capital, leaving them unable to operate flexibly.
They explored various banking options, but all demanded full collateralization or charged exorbitant fees, making scaling impossible.
The Consequences
Multiple missed trade opportunities
Limited ability to bid for large contracts
Delayed project timelines
Inability to scale operations
The Solution
Express Trade Finance (ETF) stepped in as a facilitator, connecting the client with reputable third-party providers capable of issuing LCs using their own collateral. Our structured facilitation process ensured transparency, compliance, and swift execution.
Specific Pain Point
ETF Solution
Why They Chose ETF?
The client chose Express Trade Finance for its strong network of trusted issuers, efficient documentation process, and ability to provide collateral-backed instruments through third parties in a fully compliant manner.
The Results
The facilitation by Express Trade Finance delivered measurable impact within the first quarter of collaboration. By leveraging third-party collateral, the client successfully expanded their business without tying up their own capital.
$1 million in Letters of Credit issued without using the client’s own collateral
60% improvement in liquidity and working capital efficiency
3 new supplier contracts secured within 45 days
Enabled consistent trade growth without reliance on traditional banking restrictions
From initial consultation to securing 3 major new supplier contracts.
Need Letters of Credit Without Collateral Requirements?
Express Trade Finance can help you unlock working capital and secure the trade finance instruments you need to grow—just like we did for this Dubai-based firm.