Documentary Collections

By mmuise
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.

Deadline: 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:

n/a

About the author
mmuise