A loan is designed to pre-finance your production or purchase of goods for export covered by a signed export contract and open letter of credit. The loan is conditional on acceptance of the risk by the opening bank.

The loan enables you to finance a specific contract. This means you will be better able to manage financial flows associated with the contract.

The combination of a pre-financing loan for a letter of credit with purchase of receivables under this contract means you can offer customers deferred payment and thereby improve your competitiveness on foreign markets. The loan will be repaid from the purchase of the receivable and your undertaking towards KB Bratislava will thus be replaced by the foreign bank’s undertaking to pay under the terms of the letter of credit.

KB Bratislava will provide you with consultancy services before you sign the export contract and help you to stipulate the financing price. This will enable you to include the predicted financing price in the price of the contract.

Drawing the loan in the currency of the contract will protect you against exchange rate risk.

For further information on this product or to order it immediately, please contact your Relationship manager or write to us on our e-mail address koba@koba.sk.