Financing

Elematic's one-stop-supplier status also applies to financing. Elematic Finance is an attractive and flexible way to support the purchase of machinery and equipment.

Our tailored and competitive financing solutions make it easier for you to get the machinery solution your business requires and enhance the overall return on investment.

Advantages:

• A clear concept - no unexpected financing costs
• Reduced administration
• All financing from one source
• Possibility to take advantage of depreciation and other tax benefits

A standard finance arrangement with us uses either a Letter of Credit or Avalized Bills of Exchange as the financing instrument.

Letter of Credit

» How it works  - Letter of Credit.pdf

A Letter of Credit is a method of payment that can also work as a financing instrument. It is one of the safest means of payment and financing for international transactions. By issuing such a letter, the buyer's bank commits itself to paying seller's bank once the seller has complied with the conditions of the letter. Apart from being a guarantee of payment, such a letter can also be used to finance a purchase by including a credit period in its conditions.

On receipt of an application, we will provide you with a competitive financing quote. Click on the attachments and links for more detailed information on this topic and related topics of interest

Avalized Bills of Exchange

» How it works - Avalized Bills of Exchange.pdf

Bills of Exchange are a proven method of providing fixed-rate financing for international transactions.In this form of financing, the buyer's bank guarantees a series of bills of exchange (i.e. payments) covering the credit provided by the seller to the buyer, for a period from 180 days to 5 years.

On receipt of an application, we will provide you with a competitive financing quote.

For more information, please contact Elematic Export Services.