Supplier Credit

• Export credit insurance policies available for all exporters in all industries
• Policies may be endorsed to lenders as collateral for working capital
• Supplier credit products:
  - Whole turnover, single-buyer, and multi-buyer
  - Country-specific (multi-buyer)
  - Political risk only in a single country
  - Global cover available to offshore export companies domiciled in Sri Lanka
  - Subsidiary risk covers foreign subsidiaries of Sri Lankan companies
  - Covering ultimate buyers for indirect exporters domiciled in Sri Lanka
  - Consignment of stocks
  - Entrepôt trade insurance (port insurance)
  - Comprehensive service policy for Sri Lankan service exporters
  - Domestic insurance covers commercial risks for intra-Sri Lankan trade

Credit Guarantee

• Short-term guarantee issued to lenders providing trade credit solutions against risk of non-performance of Sri Lankan exporters
• Products:
  - Pre-shipment credit guarantee allows exporters to purchase raw materials against L/C or confirmed orders
  - Export production credit guarantee applicable to indirect exporters
  - Export performance guarantee for bid and performance bond support
  - Export performance guarantee covering ATA carnet to facilitate temporary exportation of valuable items for trade fairs and exhibitions; covers non-payment of import duty to foreign countries as a 100% demand guarantee
  - Export performance guarantee to freight forwarders covers non-payment of airlines charges up to 85%
  - Whole turnover bank guarantee covering the cost of passage to facilitate Sri Lankan migrant workers obtaining pre-departure loans