CIBC Documentary Collections
no fixed amount
Trade Finance
Description:
CIBC offers businesses the opportunity to hedge against payment risk by settling transactions through a cost-effective solution, such as Documentary Collections.
Comments on Funding:
Funding takes the form of a Documentary Collection. Documentary collections provide an alternative payment arrangement to cash in advance or open account terms, providing both exporters and importers with a greater degree of confidence throughout the transaction process.
Continuous Intake
Eligibility:
Applicants must be engaged in exporting and importing businesses.
Application Steps:
Applicants must complete the online contact form.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
