we specialize in international trade financing with the help of our partner banks and global trading companies.
We are a global trade finance company that provides Letter of Credit financing to improve the liquidity for the importing enterprises. We deal and transact in select trade commodities like Iron Ore, Wood, Gasoline, Naphthalene, Coal, Diesel, Crude Oil etc. and work with a large spectrum of companies to drive global trade.
How Do we Work
The below process is followed by us.
| 1 | We offer to open the Letter of Credit within 6-7 day of receiving all the deal Margin sheet which comprises of working with buyers and sellers of the commodities or even faster in some cases |
| 2 | Our services are not as that of Bank loans or so and we are not a bank, we take the financial transaction risk if the trade is clean and offers margins in short period of time |
| 3 | We primarily finance based on the quality of commodities and ratings of your Exporting partner, not based on your balance sheet at present |
| 4 | Our import / export financing is highly scalable and can grow as your trading turnover grows |
| 5 | You have a streamlined internal process and workflows to assess the profitability of the vessels you are intending to bring in |
| 6 | By having secured a Letter of Credit from a premium bank, you can focus on increasing the profitability of the deal by booking buyers orders and getting them to open back to back Letter of credit |
| 7 | We work on shipment to shipment basis and assess the deal of full vessel load only |
| 8 | If you are interested in getting Trade Finance for your next Vessel, please feel free to write to us at info@bullfrog-group.com |
| 9 | We comply with the contract law and other regulations of the participating countries |
The Idea for staring this service was to empower the importers and exporters who are enterprising and dynamic in business and want to do big in life but are facing the challenges of financing the entire vessel and are dependent upon existing monopolist importers in their country. This helps in fair trade promotion as well.