Since 2005, CROAM LLC is legally appointed marketing and sales office as integral part for and on behalf Austrian company ENNEX GMBH (visit the web site: www.ennex.at) Florida office trading with fertilizers as urea, npk. dap as wll as other required commodites..
ENNEX GmbH has an opportunity to take participation through our middle term financing possibility to support trade operations.
A. Financing cargo against acceptable payment instrument:
· Our role as a trade and finance intermediary will be to accept transferable L/C-s Issued to Ennex GmbH ( as first beneficiary ), confirm through acceptable reputable EU Bank and payable from 12 and up to a maximum of 24 months after issuing B/L date.
· At the same time we will issue a first class Austrian (EU) documentary L/C payable at sight at issuing Bank after presentation and acceptance of all required Documentation.
· Bank cost in total currently indicative is 8, 5 % per Year counted from the finance amount (Received deferred payment L/C issued to us).
· The financing period is minimum 12 months and maximum 24 months (depending of the type of the Commodity).
· Minimum amount for financing cargo is USD 500.000.00
B. Financing various social projects, agricultural machineries, trucks etc..:
Ennex GmbH is willing to participate in any social projects to improve life in the countries as for example, purchasing school buses, agricultural machinery, trucks etc. against acceptable secured payment afore mentioned.
Period of financing: 5 years, 18 months grace period, and 8 semi annual instalments, semi annually yield. Bank Interest rate will be fixed per Year. Minimum project value must be USD 500.000.
Ennex GmbH apart from the afore-mentioned is ready to finance custom clearance, transportation inside the country, so called “door to door services “etc.
„ ALL IN ONE“- PACKAGE – FINANCING INFORMATION
Ennex GmbH is ready to finance importation of, Machinery, Vehicles, Industry equipments, Soft commodities and production materials inclusive all importation and operation cost at the destination countries.
Financing of goods and above costs can be up to 60 months (5 years) but minimum 6 months.
- Financing costs are calculated Annually.
- Interest rate will in dependence of the type of security or guarantor rating and will be seamy annually yield.
We are ready to structure repayments cowered whit State entities guarantees, Bank guarantees or L/C-s or Corporate guarantees, issued by the International leading company’s whit a high credibility.
- We charge at once 1, 2% for documentary operations (on the Gross project)
importation cost and operation at the destination or country transit cost as indicated. Besides, financing of Goods we are ready to finance as well , “All in one”
These cost structures are from country to country different and can be changed according to the requirements constellation and End Buyers needs, local legal Fiscal or Law regulations.
Operations costs will be paid always in advance whit intention that paid money securing proceed of said operations and legal payments will be at destination country before Goods entered at destination or transit Sea Port. Our Bank in Austria will secure to the bank at destination country execution of above payments.
Below is a list of few typical costs.
-Financing of Goods : CFR FO , Free d/a (Incoterms 2000)Note that can be adapted according to the project requirements.
-Vessel agents costs at the destination Port
-Custom clearing fees
-Surveyors Inspection Fees at destination port
-Discharging and port manipulation insurance at destination port
-Port authority cost and fees for the vessel berthing
-Discharging costs at destination port
-Integral transport Warf to Storage in port (Trucks)
- Port storage costs inclusive discharging and loading to the Trucks for transit to the provinces or international transit to other Countries.
- Transit custom clearing fees at destination port
- Transport to the provinces or an international transport inclusive
- Transport insurance
- Discharging at transit destination
- Custom Fees ad duties at final Destination
-VAT at final destination
-Any type of Country import tax or fiscal payments
-Surveyor costs at final destination ,
-Custom clearing agent at final destination
-Local transport cost at final destination
-Storage costs at discharging Port or final destinations inclusive distribution costs for the partial customers.
-Marketing costs at destination port or at final destinations (transit)
….other cost as per Client requirement
End buyer must advise with own forwarder agent and get an exact import calculation. Dynamic of payment must be made as per specific local Law and regulation in order to prevent demurrages, penalty or not necessary fiscal debt.
For further info contact us at : visnja.snell@ennex.at
