It depends on the type of facility a client needs, and the response time of the client. Many transactions close within 3 days, although in some cases ITF can put a facility together in as little as 24 hours
ITF LLC leverages its network of world class financing sources and logistics partners to offer the most competitively priced, quality Trade Finance solutions – including Letters of Credit and Guarantees. Talk to us, and together we will find a financing plan that serves you best.
ITF’s professional team strives to make the entire LC process simple and easy to understand, regardless of whether you are a financial expert or have never heard of LCs before.
Analyzing your business’s particular model, ITF can project your expected financial benefit in working with us. ITF strives to provide you with a number of options to choose from, so that you can pick what serves your needs the most.
ITF provides consulting related to Trade Finance – with an emphasis on the use of letters of credit and guarantees.
Working with us as opposed to your bank is significantly better for two (2) reasons:
1. ITF utilizes its own lines when opening LCs on its client’s behalf. Clients can keep their existing credit lines to use at their discretion.
2. ITF maintains relationships with many banks and financiers. ITF’s clients can take advantage of this network and optimize their deals; they are not stuck with one bank who might not always provide viable solution to the client’s needs.
The collateral required depends on the facility type, the issuer, and many other factors – however in most cases ITF is able to structure transactions without the needs for specific collateral. As such, there is usually no need to free collateral pledged to existing financiers or banks