
Trade Finance & Investments Inc. is the flagship subsidiary of Glosco Limited, the newly formed BVI company is specialize in issuance of Import Letter of Credit (L/C), Standby Letter of Credit (SBLC), Bank Guarantee (BG),Performance Guarantee (PBG) and Proof Of Funds (POF) from various prime and non-prime banking institutions through out the world, so If you have any trade deal bending in your hand and your bank said “NO” to fund you, We says “YES” to support your trade deal.
We will be at your support immediately to bring your dreams come into reality by establishing the required financial instrument at a very competitive rate as per your supplier’s payment terms.Due to the flexibility of the group, a specific collateral deposit is not required, and we does not necessarily become a creditor to its client companies,enabling us provides an augment to the banking or lending facilities which may be currently provided by other institutions.
The services offered have facilitated excellent relationships between our clients and their overseas suppliers, thus allowing the growth of certain business segments which companies would otherwise not have the ability to pursue. This year we have opened several Letters of Credit on behalf of clients based in different countries.We uses the services of several American and European banks and several special purpose banks, because of the groups firm banking relationships, it is positioned to provide flexible and expedited services to its clientele.
Through our world wide banking connections and strong banking relationships in which world banking institutions work in conjunction with their expert staff, they avails themselves as the foremost experts in the world of trade finance, and the criteria set forth in UCP 500 for documentary LC’s and ISP98 for standby Letters of Credit. These alliances help to create opportunities for growth and profitability the client companies.
Our clients import items ranging from industrial steel, raw materials for steel-making,commodity goods, dairy products, sawn timber, wood logs, woodchips,wood pellets,plywood and board,crude and refined vegetable oils, bio-diesel fuels,raw hides and skins as well as raw materials for plastic industry and petrochemical. The Letters of Credit are opened to suppliers in Asia, Africa, The Middle East, South America and other points in the world.
If your company is looking for a strategy to finance goods to fill your orders, or simply to support growth,please call +971558813876/+971567752755 and+971559652035 our regional headquarters located at SAIF ZONE- Sharjah - United Arab Emirates,if you are looking to issue any of the following bank instruments:
1) DLC 100% sight (DLC). MT700
2) Deferred Payment L/C 90 up to 360 days MT700
3) Standby Letter of Credit,SLC MT760
4) Bank Guarantee (BG) MT760
5) Performance Bond Guarantee (PBG) MT760
6) Proof of Funds (POF) MT799
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