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LC bills discounting

 

Transwarranty Finance Limited (TFL) acts as a bill broker for facilitating discounting of bills of exchange accepted under Letters of Credit opened by reputed banks. We offer the finest rates at any point of time backed by excellent service.

 

Clean Bills discounting

 

TFL also acts as a bill broker for discounting Bills of Exchange accepted by good credit worthy Companies. Since these are unsecured transactions, our credit evaluation becomes very important for Investors. We act as market makers between investors and good creditworthy companies who wish to raise funds against bills of exchange.

 

Inter Corporate Deposits

 

We are one of the principal market makers in this over the counter market for Inter – Corporate Deposits. This is a large volume business and requires very quick response to move funds from companies with surplus to companies requiring funds. The period of deposit varies from purely on call up to 180 days. In this area, we cater to over 100 Companies regularly and account for a large share of transacted volume of business in the market.

 

Unsecured working capital loan

 

Import and Export Finance (Supplier’s / Buyer’s Credit)

 

The company arranges buyer’s / supplier’s credit for financing import transactions including capital goods.

 
Pricing for Buyers’ Credit / Suppliers’ Credit is linked to LIBOR
   
The pricing will depend upon the value of Import, country from where the goods are imported, beneficiaries, LC opening Bank and the tenure.
   
Best pricing from the country of origin is always secured.
   
By availing this facility, the importing Indian company saves considerable interest cost.
   
The foreign supplier is always supportive since they get the payment upfront from international banks providing the buyer’s / supplier’s credit.
   
RBI allows supplier credit / buyer credit for raw material up to the total usage period of 360 days and for capital goods up to the total usage period of 3 years.
 
 
 
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