• SCBM provides short-term working capital financing to your company when you ship goods under a Letter of Credit (L/C). The value stated in the trade documents determines how much financing we can provide.
• Discount without recourse* is when SCBM has no right of recourse to your company if the Issuing Bank does not make payment on the L/C. In this case, SCBM accepts the risk of the L/C Issuing Bank.

* Under terms and conditions determined by SCBM.

• Helps you better manage liquidity with post-shipment working capital financing
• Reduces the hassle of chasing after payment because SCBM follows up on your behalf when we discount a bill without recourse
• Has no impact on your company's credit facilities. As the Seller, your company can convert Accounts Receivables into cash when SCBM discounts without recourse.
• Helps to expand your customer base by facilitating sale of goods under L/C with trading partners all around the world*, even in new or unfamiliar markets that might have higher risks
• The credit facilities fit your business cycle because the credit terms are derived from the value of the sales/purchase of goods as specified in the documents for collection

* Subject to SCBM’s risk appetite on transaction date.