Multiple choice

The facility that enables Indian exporters to extend term credit to importers of eligible goods at the post-shipment stage is called

  1. buyer’s credit

  2. channel financing

  3. seller’s credit

  4. supply chain partnering
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Seller's credit is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This type of export finance is granted from the date of extending the credit after shipment of the goods to the realization date of the exporter proceeds.

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