Trade Financing
In certain qualifying cases, trade financing is available for you. (Please see below terms and conditions)
Following are the eligibility criteria to avail trade financing followed by the screening of your BORN – Booking Request Number (issued by galaxefi Platform):
- You are a registered user of the galaxefi platform
- The BORN is an export from Pakistan (POL – Point of Load is Pakistan)
- Your BORN is a sea shipment
- Your BORN is an FCL – Full Container Load
- Special consideration for shipments of non-perishable items
Do you qualify for trade financing? The following are the qualifying criteria:
- Your business is a registered entity in SECP – Security Exchange Commission of Pakistan
- You pay your taxes regularly and you are in the ATL – Active Taxpayer List of FBR – Federal Board of Revenue
- Have business operations for at least 12 months. In the case of fresh businesses, they may be asked for collateral
- Your screening by the PFI – Participating financial Institution is clear
- Your eCIB from Credit Bureau, SBP – State Bank of Pakistan is clear
- For fresh businesses and individuals, the BORN’s tile document will be in the name of PFI
Please note that during the screening process of your application, you can be asked to provide more relevant information by the financing bank, SBP, or other involved regulatory bodies.
PLEASE NOTE:
- During the screening process of your application kindly DO NOT contact galaxefi for status
- Your application outcome will be automatically confirmed on your registered contact
- Other than this, if needed, galaxefi will contact you on your registered contact