Documentation:
US vendor does the final invoice to the ultimate buyer
and B/L from US vendor to local dealer/sub.
A statement of some form from the importer (borrower) stating
they received the goods is required.
This structure is preferred by ExIm Bank because it is “clean”
from any mark-ups or hidden local costs. This helps in the approval
process (reduces time and questions).
Other
considerations
Selling
from local dealer’s inventory: This is permitted
with the one major condition that the inventory can only be financed
if it has been in stock for up to 12 months when the application
is sent to ExIm Bank