Credit Commodity Corporation

Definition:

Program from the US Department of Agriculture (USDA) promoting exports of US agricultural commodities. Through the Credit Commodity Corporation Program, Citibank® can provide the importer with import financing under convenient terms and conditions.

Advantages:


Terms available for the importer are usually longer than the regular terms for this type of products (90 days and 3 years).

The cost of the financing is convenient, considering the terms available.

Please note that:


The availability of this product depends on an inclusive list of products for each country announced by the USDA. Please check with your Trade Specialist.

Pricing:


Fee for the commercial risk on term import L/C.

Spread on the financing.


Go back to International Trade





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