| Advantages
to the buyer (borrower)
• Quick access to funds subject to competitive financing
terms.
• NLBI provides access to long-term funds, often not available
to the buyer in its home banking market.
• Payment risk is entirely transferred to NLBI, and thus removes
risks undertaken by the seller in the commercial transaction.
• Buyer can obtain credit in a variety of hard currencies
in accordance with a) his own hard currency earnings or b) his assessment
of interest rates or currency fluctuation.
• The time consuming application and decision periods of Export
Cover Agency (ECA) or insurance companies are saved.
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