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2. Overseas Buyer's request to Exim Bank to sanction credit facility to fund the
contract.

3. Exim Bank after due diligence sanctions Buyer's Credit to the Overseas Borrower
(i.e. Buyer) on mutually agreed terms that include security, rate of interest, repayment
schedule.

4. Exim Bank and Overseas Buyer execute Buyer's Credit Agreement (BCA) and
create security as per the BCA.

5. Indian exporter ships the goods and despatches copies of the export documents
either directly to Buyer's banker or through its banker in India ..
7. Overseas borrower accepts documents presented by its banker and makes
arrangement for payment by way of disbursement from the Buyer's Credit for which, it
forwards payment authorisation along with payment instructions requesting Exim Bank
to make disbursement under the credit facility.

8. Exim Bank disburses to Indian exporter through its banker and debits loan
account of overseas borrower.

9. India exporter's banker receIves payment III its Nostro account and Issues
advise/FIRC to Indian exporter.

10. Overseas borrower services the Buyer's Credit extended by Exim Bank as per the
terms & conditions of the sanction.

1. Charge by way of hypothecation/pledge/mortgage

assets/shares/movable/immovable assets of the borrower, if feasible.

2. Charge by way of hypothecation/pledge/mortgage of current

assets/shares/movablelimmovable assets of the Indian promoters/parent company/group
compames.

3. Promissory notes covering the value of consignment financed under the credit
facility.

4. Trust receipts covering consignment and value of consignment financed under'the

credit facility.

5. Guarantee from an acceptable International Bank/Corporate guarantee/personal

guarantee of Indian parent company/Indian promoters.

1. Buyer's Credit extended by Exim Bank facilitates exports from small and medium
sized Indian companies by providing credit to overseas buyer to import goods from India.

2. Savings on LC charges by way of financing non-LC transactions in exceptional

cases.

3. Provides non-recourse finance to Indian Exporter by converting the deferred

credit contract into cash contract.

4. Buyer's credit finance can be a transaction specific financing or it could be a

renewable limit, thereby financing the working capital requirement of overseas company.
3. Audited financial statements for last four years and unaudited latest interim
financials of the borrower company/parent company.

4. Basic legal Documents of the companies VIZ., Certificate of Incorporation,

Memorandum & Articles of Association etc.

5. Purpose and quantum of credit facility required and formal request for the same from
the proposed borrower.

6. The company/group profile should cover backgroud, Economic activity, Board of

Directors, Key personnel, Latest shareholding pattern, External credit ratings, if any,
present bankers and credit facility/ies enjoyed with them, terms of credit facility from the
existing bankers, existing infrastructure, any major achievements and accreditations,
present market the proposed borrower is catering to, present market standing, present &
proposed marketing strategy, risks perceived and inherent to the operations of the
company/ies and mitigative steps taken and proposed to be taken by the company/ies .

..
8. Any other information, which will have bearing on the operations of the
company/ies.