Import & Export - San Francisco, California, United States
estorm export trading (EET) procures US products for and assists qualified foreign buyers to obtain US products export financing from US export credit agencies (ECA).\\EET also helps US Exporters with financial and trading services to help them grow their exports.\\Our goal is to facilitate trade between foreign buyers and the US. \\Any importer regardless of their size is restricted in the amount of trade they can do by the following few things:\- Having to pay upfront for merchandise coming from the US (since most US Manufacturers/Suppliers won't trade unless paid 30-50% upfront)\- Having the cashflow to order more\- Having to go to a bank or secondary markets in your country to get loans at high interests of 10-20%\- Not knowing how to source products in the US due to language/culture barriers\\EET can resolve all of these issues:\- We can provide a foreign importer of US products, a credit facility and all they need is to be able to raise an irrevocable letter of credit for 15%. That 15% is only due once the merchandise arrive in your country\- We work with the US supplier, and through the export credit agencies we work with, we guarantee payment to the US supplier\- We can ship the products and finance the remaining 85%\- Why Should You Consider estorm export trading vs. a local bank or other financial organizations in your country?\\Through the approved US export trading agencies we work with, we are able to obtain financing at very competitive interest rates (up to 6%) . These rates are much lower than any commercial bank in Europe, Asia or Africa can offer. In cases where the loan amount is $10 million or more, we may be able to obtain rates that are even lower.
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