Beær’s Trade Financing Model

How we can assist you, if you are an

EXPORTER

• We need your company’s name, your business registration certificate, and VAT number
• We need your customer´s business name, business registration certificate, and VAT number
• We ask for a credit limit on behalf of your buyer from our underwriter
• We will be pleased to sign a non-disclosure agreement with you
• Your buyer issues a signed purchase order to us
• We issue a purchase order to you
• You accept our purchase order and issue a pro-forma invoice to us along with a signed verbiage of letter of credit
• We issue a pro-forma invoice to your buyer, along with our price
• Your buyer signs and stamps our pro-forma invoice and sends it back to us
• Our bank issues you a letter of credit
• After dispatching stocks, you submit LC required documents to your bank and obtain payment
• Your bank sends the documents to our bank
• Our bank sends the document to us
• We send original shipping (bill of lading) or delivery (POD) documents to your buyer with our commercial invoice, with the agreed credit terms
• Your buyer settles our invoice with our factoring house as of due date
• This will conclude the process.