XFi grants a loan facility directly to the Swiss SME’s client (the Importer) to finance maximum up to 85% of the Export Contract value. The Swiss Exporter gets paid directly by XFi as per payment terms agreed under the export contract (a 15% minimum down payment is required if repayments under the buyer credit last 24 months or more).
The purpose of the SERV covered Buyer Credit is to finance the Export Contract and some of the underlying financing costs. The Buyer Credit Agreement is abstract from the Export Contract.
XFi can supports its clients at various stages of the project starting by providing the Exporter an indicative financing offer which can be joined to its commercial offer.
For more information please download our factsheet.