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Clean Import Loan (CIL)

Cllean Import Loan

  • Avoids loss of business opportunities due to inadequate cash flow
  • Enhances your business reputation with timely payments to your suppliers by HSBC
  • Extends your credit period on top of that given under Documentary Credit/Documentary Collection
  • Strengthens your negotiating position with suppliers by being able to accept quick payment terms

 

Clean Import Loans are available to you depending on whether you are trading on Documentary Credit and Documentary Collection terms.

When goods are imported, most buyers need time to turn these goods into manufactured and saleable items. Even if you are trader without manufacturing activities, the goods will usually be held in inventory for some time. A Clean Import Loan (CIL) provides the financing to enable you to pay for the imported goods and covers the period up to the point of sale.

Need more information?

For further information, please call our Customer Service Centre on 4 4722 24 or stop by at your nearest HSBC branch.You could also contact us via e-mail.