Marketing Finance

Introduction :
Exim Bank seeks to create and enhance export capabilities and international competitiveness of Indian companies. Under the lending programme for Export Marketing Finance, the Banks addresses the term finance reqirement for a structured and strategic export marketing and development effort of companies.

Eligibility :
Companies having a strategic international marketing plan. The company should have established presence in the domestic market and satisfactory financials.

Features :

Activities associated with export marketing and export capability creation are financed under the programme. Typical activities eligible for finannce under this programmeare desk and field research, minor product adaptation, overseas travel, training, quality certification, produc launch, investment in machinary and equipment, testing or quality control equipment and factory premises.

Currency :
Indian Ruppes or US Dollars or any other international currency available with Exim Bank.

Rate of Interest :
1. Rupee Term Loans --- Linked to Exim Banks's Minimum Lending rate
2. Foreign Currency Term Loans --- At floating or fixed interest rates

Service Fee :
1% of loan amount sanctioned, payable upfront.

Repayment :
Upto five years inclusive of moratorium

Margin : 20%

Security :
1.Hypothecation of moveable fixed assets of the company.
2.Mortgage of immoveable fixed assets of the company.
3. Any other security acceptable to Exim Bank.

How to Apply :
Application forms are available with Indian offices of Exim Bank. Before submission of applications, Exim Bank would welcome preliminary discussions with the promoters to determine the scope for Exim Bank's finance.