Letter of Credit (LC)
Secure Your Trade Transactions
At NIRAI Corporate Solutions, we empower businesses to expand their horizons with confidence through our Letter of Credit (LC) services. Designed to facilitate seamless domestic and international trade, our LC solutions ensure secure, reliable transactions between buyers and sellers. By acting as a trusted intermediary, we mitigate risks, guarantee timely payments, and uphold your business commitments. Whether you’re a small enterprise or a large corporation, our team of financial experts crafts tailored solutions to support your trade needs, enabling you to focus on growth while we handle the complexities of trade financing. Partner with NIRAI for unmatched reliability and expertise in global trade facilitation.
Key Features of Leter of Credit
Guaranteed Payment Assurance
Facilitates International Trade
Customizable Terms
Risk Mitigation
Supports Multiple Trade Types
Expert Financial Guidance
FAQ
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What types of business loans are offered by NIRAI?
NIRAI provides access to a variety of business loans through our partner banks, including working capital loans, term loans, equipment financing, invoice financing, and business expansion loans. Whatever your business needs, we help you find the right financial solution.
How do I know if I am eligible for a business loan?
Eligibility criteria vary by bank and loan type. Generally, factors like business turnover, credit score, operating history, and documentation play a role. Our team will guide you through the process to determine the best options for your business.
How long does it take to get a business loan approved?
The approval process typically takes 7–15 working days, depending on the bank and the completeness of your documentation. NIRAI ensures faster processing by helping you prepare and submit all necessary documents accurately.
What documents are required to apply for a business loan?
Commonly required documents include:
- Business registration proof
- PAN card (for business and owner)
- Bank statements (last 6–12 months)
- Income tax returns
- Financial statements (profit & loss, balance sheet)
We will provide you with a checklist tailored to your loan application.
Why should I choose NIRAI for my business loan?
NIRAI simplifies the loan process by connecting you with multiple banks, offering competitive interest rates, and guiding you at every step—from eligibility assessment to approval. With our expertise and partnerships, you can secure the best loan for your business needs quickly and hassle-free.
