To enable small scale industries to raise finance at internationally competitive rates as per Reserve Bank of India guidelines to fulfil their export commitments.

Industrial concerns in the small scale sector and Government recognised Export / Trading Houses sourcing their requirement for export from SME sector with

• profit making units with proven track record in exports for last three years and sound financial position
• requirement of export finance assistance of at least Rs.100 lakh

Pre-shipment Credit in Foreign Currency (PCFC) is being extended in USD & EURO Currencies. Assistance in Rupees is also considered independent of FC limits.

Quantum - need based linked to working capital gap.

Period of Credit - linked to production cycle (Maximum - 180 days)

Margin - minimum 10% and maximum 25%

Repayment - by discounting / negotiation of Export bills within a maximum period of 180 days

Rate of interest -

For PCFC - Not exceeding 0.75% over 6 Month LIBOR.

For PCR - As per RBI guidelines and the score chart introduced by SIDBI.