- Financing backed by cargo contracts. Can apply before cargo is clean fixed.
|Finance Type||Cargo Contract Finance||Demurrage Finance||Bunker Finance||Trade Finance|
|Suitable for ships that||Are looking for flexible end-use||Have customers that pay late||Trade on the spot market||Trade physical commodities|
|Docs needed||Vessel ownership info or (if not owned) Clean Recap of vessel fixture||Demurrage invoice||Clean Recap of cargo fixture||Purchase Invoice, Sale Invoice|
|Loan Amount||Up to $400,000||Up to $100,000||Up to $300,000||Up to $300,000|
Your business could be suitable for Cargo Contract Finance if you:
Your business could be suitable for Demurrage Finance if you:
Your business could be suitable for Short-Term Loan if you:
Your business could be suitable for Trade Finance if you:
Borrower secures a cargo contract to move 55,000 tonnes of coal from Samarinda (Indonesia) to Kandla (India). Borrower leases a ship on short-term charter for transporting this cargo.