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Import Steel Facility

Get Import Finance Facility for Buying Steels & Metals

The COVID-19 Crisis along with lockdown, strict travel restrictions has made trading a roller coaster ride for traders globally. With many countries reporting a reduction in their import and export ratio; Steel imports and exports have been still counted on the top. So, if you are looking to start your own steel Import & Export business; then it’s the right time to start to get some worthy prospects.

How to Start Steel Imports and Exports?

Find Where to Import?

If you are looking to start your own import and export business, then there are a lot more things you need to take care of. First of all, deciding which market you want to deal in is the first question; when starting up a steel import business. Also, the top countries involved in the steel exports are: UK, Indonesia, Sweden, Italy, the US, Austria, Spain, Finland, and Taiwan, etc. Do your research in these countries to find a reliable vendor of steel who can supply the required quantity of steel at the best prices.
Get the Right Bank Instrument for Your Steel Import & Export – Click Here!

How to Arrange Import Finance Facility?

Once you have chosen the seller to import steel, the next comes in arranging Finance. The seller may either ask for 30% of the total deal value as advance payment; or the full payment before the shipment of goods. In case, if you’re not ready to provide the cash in advance, then you can discuss it with your seller and look for other options. When it comes to other payment methods available for global trade, Letter of Credit, Standby LC, and Bank Guarantees are the best option to look for. Further, in all these Bank Instruments, Banks acts as a guarantor to assure the seller that the payment will be made; upon the completion of the delivery of the goods required.
Get a Free Quote for your Trade Finance Requirements – Contact Us Now!

How to Get Import Finance Facility?

While the crisis has affected global trade, now things are getting back on track by showing some positive signs in trade worldwide. But still getting Trade Finance support from banks seems to be hard. Because, Banks are ready to provide financial support; only if, if the clients are ready to pay the 100% cash margin! Are you facing a lack of cash funds to meet the demands of the bank? Are you worried that without bank support you can’t able to conclude your steel import contract? We’re here to help you! Being the Trade Finance Provider, we can support all your trade deals and contracts by issuing Bank Instruments from Rated Banks at ZERO Cash Margin! For all your trade finance needs, contact us today!
SUBMIT YOUR LC, SBLC OR BG REQUIREMENTS HERE

The Growth of International Trade after COVID-19 Outbreak

The COVID-19 outbreak has created a huge impact on SMEs all over the world. The pandemic’s impact is mainly reflected in the US and all other European countries; where consumer demand plays a vital role in growth in the economy. Further, due to restrictions, curfews, quarantine, and all other factors; the impact made by COVID 19 on global trade is drastic. But how the growth of international trade would be after the COVID-19 outbreak? How The Growth of International Trade after COVID-19 There is no doubt that the trade market is going to see blooming growth after the outbreak of COVID-19. Statistics have found that right after the COVID-19 recovery; World’s Economic Growth has been increased by 13.2%. Further, this showers some limelight on traders, who were looking for options to speed up their trade. So, as a trader, you must pre-plan yourself with all the things you required to boost your trading business. Moreover, when it comes to trading, the first and foremost thing that comes to your mind is — acquiring financial help. Because of the decline in the economy, all banks are not ready to provide the financial help you required. So to help those traders, Trade Finance Providers like Steppe Group LLC have come up with a range of Bank Instruments that include: Letter of Credit, Standby LC, Bank Comfort Letter, and Bank Guarantee for traders and contractors.
Get Free Quote for your Trade Finance Request - CLICK HERE

How to Get International Trade Finance Support?

With 30 years of exp. in this field, we understand the recession faced by banks. Almost all banks have been squeezed; also, they are not ready to provide any kind of support in terms of loan or credit facility for their clients. Also, this makes traders face difficulty to conclude their trade deals. Further, importers who don’t have cash funds available in their bank account, and those who don’t have a bank facility to open Bank instruments from their bank, can make use of Trade Finance Services offered by us, the leading Trade Finance Providers. Moreover, we can help traders to conclude their import and export deals by providing a range of Bank Instruments; without pledging any cash margin or any other forms of assurance from their end. So, if you’re looking to import or export goods from global or local traders; we are here to support you by providing the right Trade Finance Solution that meets your business needs!
Discuss your Trade Finance Requirements with Us – Contact Us Now!
Also, we can help contractors and project owners with their building projects by providing – Advance Payment Bond, Performance Bond, and Bid Bond. Further, all our services are designed for our clients; in order to combat the effects of COVID-19; by making their trade more secure and profitable.

Apply for Trade Finance

For all your trade finance needs, you can rely on Steppe Group LLC, the Trade Finance Provider. With a team of a dedicated team of trade finance experts, we can structure your local and cross-border trade dealings to conclude your business on time. Discuss with our team today to expand your business overseas & earn more profits amid the covid-19.
GET TRADE FINANCE FROM US IN 2 DAYS
We Provide – LC at Sight, SBLC MT760 & BG MT760 to Conclude Your Business!

Trade Finance Facility

Steppe Group Bridges the Gap between the Access to Trade Finance Facility and SMEs

As per the study done by World Economic Forum, Trade Finances is one of the top 3 obstacles for traders globally. But for them, access to Trade Finance Facility is very crucial for their success. Usually, in import export transactions, sellers want payment before shipment; while buyers want to pay, once they receive goods. To solve these trust issues; Bank Instruments have been used. Since access to financial instruments is limited for SMEs, they often cancel the deals; if they can’t able to get financial support from their banks.

What is Trade Finance Facility?

Find Where to Import?

Trade Finances plays a vital role in assisting traders to do business globally without facing any financial hurdles. Further, it covers an umbrella term by including a wide range of Bank Instruments such as – Letter of Credit, Standby LC, BG MT760 & Comfort Letter. All these Financial Instruments assist traders to reduce the risk of payment and supply of goods; by introducing a third party called Banks, as a guarantor.
Letter of Credit Available at ZERO Collateral – Apply Now

Why there is a Large Gap between Trade Facilities & SMEs?

Only a small part of the import is paid in advance and the rest, nearly 80% of world trade tends to occur by using Bank Instruments. Also, on the other hand, SMEs play a major role in a global economy (nearly 96%); so the rejection of Financial Instrument requests will directly affect the world’s market. When we analyze the gap between the Trade Facilities and SMEs; the main reasons can be – lack of credit score, lack of credit history; as well, lack of cash funds to provide a cash margin. These 3 are the main demands of the banks which traders, mostly, SMEs can’t able to fulfill these banking norms. Hence, this is the reason behind the rejection of their request. However, when we think about the quick ways to close the financial gap; there is no panacea for traders; apart from getting help from private Trade Finance Providers.

How Trade Finance Providers Helps to Bridge the Trade Finance Gap?

If the banks declined your request to avail bank instruments; then there are two options left for you – Either you can step out from the deal; or else you can get help from Bank Instruments Providers. Usually, the provider of trade finances has strong tie-ups with good repute banks. Further, this helps them to extend their support to traders to assist them with their import export finance needs. To get the right support for your import & exports, you can get help from us. We at Steppe Group LLC can help you to get the Bank Instrument at ZERO Cash Margin; which makes it easy for you to conclude your deals on time. Also, we can support traders by providing Trade Finances anywhere in the world.
Contact us now to see how we assist traders to bridge the gap in trade finances!

APPLY NOW! To Find the Right Solution for Your Day-to-Day Trade Finance Needs,