International Customers: A New, Simplified Financing Tool
I have shared with you in the past a great financing tool for our International customers through the Export-Import Bank of the United States (Ex-Im) where 360 Day terms are available for individually approved customers in certain countries for orders from $50,000 to $300,000.
This is a great program, but what about financing for purchases under $50,000? Well, we now have developed a program with the support of Ex-Im that is much more simple to administer and much quicker to implement. It is a 90 Day (from date of dispatch) financing program to assist you in the cash flow of your operation. The program simplifies certain country import requirements that don’t allow money to be wired until goods are in hand. There is absolutely NO COST to you with NO FEES or NO INTEREST.
The first requirement is that you are in an Ex-Im unrestricted country to be eligible for this program. If you are in the following countries this program applies to you:
- Canada
- Mexico
- Australia and New Zealand
- All of Western Europe
- Eastern Europe Countries: Bulgaria, Croatia, Estonia, Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania, Slovak Republic, Slovenia, Turkey
- Latin America: Belize, Bermuda, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Jamaica, Panama, Paraguay, Uruguay
- Asia: Hong Kong, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand
- Middle East: Bahrain, Israel, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
- Africa: Botswana, Cameroon, Guinea, Mali, Mauritius, Morocco, South Africa, Tunisia, Zimbabwe
All that customers with a good credit history need to do to apply for this program is to fill out an Insta-Pro Credit Application similar to what we use for our U.S. customers. This includes a trade reference who has provided you with similar credit terms.
Once the application is received, our financing department and Ex-Im agent will evaluate your credit and you could be approved for up to $25,000 for your initial limit. After successful payment within 90 days, you can be approved for up to $50,000 credit under this program.
This is an excellent way to buy your parts from Insta-Pro, buy a Portable Ingredient Analyzer , and even apply this credit on small equipment orders. By offering programs such as this, we want to make it easier to do business with Insta-Pro and make our customer’s businesses better. Please contact your Sales Director for more information.