Export factoring facility to medium exporting unit

Operated by
Ministry of Commerce & Industry - Public Sector Undertaking, Central Government
Purpose 
To provide medium-sized exporting unit with exporting factoring facilities.
Probable duration
-

Eligibility

  •  Beneficiary should be a medium enterprise as defined in MSMED Act 2006 

  •  Beneficiary should have minimum three years of experience in exports with good track record 

  •  Beneficiary should have satisfactory financial performance of the exporter for the previous three years

  •  Beneficiary should export for commodities other than Gold, Diamond, Gems, Jeweller, Iron Ore to acceptable buyers from A1 & A2 countries

  •  Beneficiary should export on open account terms up to credit period of 180 days

Benefit Description

Financial Assistance for providing export factoring facility to medium sized exporting unit

Application process

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Other Details

Conditions if Any
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More Information
Annexure Link: -
Link: 
https://www.ecgcltd.in/Portal/productnservices/factoring/Factoring%20doc.pdf

File: -