CIBC Import Letters of Credit
no fixed amount
Trade Finance
Description:
CIBC advises businesses to explore Import Letters of Credit as a strategic approach to mitigating risks associated with importing, ultimately enhancing their working capital.
Comments on Funding:
Funding takes the form of a Letter of Credit.
Continuous Intake
Eligibility:
Applicants must be businesses seeking a secure payment method for
settling international trade.
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
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.
