How can I arrange funding for my rice export order?
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I have a 200MT Basmati rice order from Iran with 83rs/kg. Sourcing rate (including all other expenses) for basmati rice is 68rs/kg. Iran is a huge market for Indian rice. If I complete this order in time, I will get big orders with some advance payment from next time. http://tehrantimes.com/economy-and-business/113166-indias-basmati-rice-export-to-iran-reaches-record-high
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Answer:
Go to your existing bank (I am assuming you have an account with a nationalized bank) where you have an account. If your account is in good shape and if you have good relationship with bank there should not be any problem in meeting your requirement.
Sivakumar Muthusamy at Quora Visit the source
Other answers
Try financing from EXIM Bank !! http://www.eximbankindia.in/
Shubham Choubey
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