Why Kyko?
Kyko recognizes the problems faced by exporters, including limited working capital facilities, payment terms required by your export customers, general absence of letters of credit in international transactions, delays in securing traditional bank financing, unsecured creditors in export markets, foreign exchange fluctuation and just-in-time delivery needs for export markets.
Kyko has devised solutions specifically to address these problems, which include:
Post-shipment credit for customers in most countries
Up to 180 days credit from the date of shipment
Immediate payment to exporter upon receipt of proof of export
No recourse against the exporter in the case of credit default
Inventory financing available for just-in-time requirements of customers
Offshore inventory storage facilities for just-in-time needs
Financing for the supply of either goods or services
With these solutions in place, exporters can enjoy several benefits, including:
Elimination of the entire credit risk
Elimination of export receivable collection efforts
Elimination of exchange rate risk on account of the immediate payment
Improvement of the exporter’s working capital position
Increase in trade with the attractive payment terms offered to customers
Flexibility on account of the favourable payment terms and quick approvals