PROFWAY
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Financial clearing of the transaction

Profway ensures financing the ownership of activity for the benefit of a client as a contract holder or represents the client’s interests during  negotiations with the financing institutions attracting financing.

When a client needs to increase its current capital for the acquisition and delivery of goods, Profway will offer a set of financial instruments, either individually or with the help of a European partner bank, in order to increase current assets and will help in executing the financial transaction as a financial broker.

Financing the purchase of goods against the security of goods (pre-export financing)

Profway finances the transaction of the purchase of goods intended for export through a letter of credit, a warranty, or an advance payment. The client can receive the goods from the customs warehouse in the Baltic States.

Financing the purchase against the security of goods and against the security of demands to an end buyer that are secured by a letter of credit or bank guarantee

The bank finances the transaction of purchase of goods through a letter of credit, a warranty, or an advance payment. The goods are delivered to an end user, if the end user has secured its payment obligations by a guarantee or a letter of credit of the agreed bank.

Financing against the security of goods stored at warehouses in the Baltic States and Russia

A trade company buys the goods at its own expense and places them in a customs warehouse or a consignment warehouse. The bank grants a loan to a company or opens a line of credit against the security of the goods. The goods can be obtained from the warehouse after the repayment of loan in full or in part.

Financing against the security of goods en route on the basis of presentation of consignments

A trade company purchases the goods at its own expense or at the expense of the supplier. After the receipt and presentation of consignments confirming the shipment of goods to the bank, the client company receives a loan which is repaid upon the arrival of goods to the destination port or, in case of its placement at a warehouse in the Baltic States (a consignment warehouse in Russia), immediately before the receipt of goods from the warehouse.

Financing for the purchase of equipment

Profway offers financing for the planned purchase of yet-to-be-manufactured goods or equipment.

Export factoring

The bank finances a trade company for the term it has set for the deferment in payment for the partner buyer of the goods. The buyer’s liabilities are to be secured by a letter of credit or a guarantee from the approved bank.

Telephone

+371 67540123