NLBI is initially approached either by an exporter, importer (borrower) or importer’s bank with a request for extensions of financing, providing brief description of the underlying transaction

  Promissory Notes (see sample)

  Bills of Exchange

  Deferred Payment Letters of Credit

  Stand By Letters of Credit

  Irrevocable and Unconditional Payment Guarantees (see sample)

Book Receivables can in principle also be forfaited if they are accompanied by a Bank Guarantee or if the obligor is willing to issue appropriate representations and warranties in favour of NLBI, subject to available documentation.

NLBI advises exporters or sellers who want their book receivables forfaited to contact us before signing export agreement.…

A useful tool in Trade Finance

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