Why Choose Us
The company exports trade to different global markets based on quality of the debtor who buys the commodity. The trade involves mining houses, logistics companies and shipping lines that are key in the global trade.
The company also gets involved in trade finance assisted transactions whereby importer requires reduced risk.
This could be by importer’s bank assisting in providing a letter of credit to the Mincap or Mincap’s bank providing payment upon presentation of certain documents, e.g. bill of lading.
Mincap is exploring the market of providing funding against foreign debtors through trade finance on average cost of 2% - 5% per invoice. Funding that is not based on business performance but rather the foreign debtor.