• FTG compiles the initial documentation from the client and prepares credit file.
• FTG prepares the Financial Proposal for the borrower.
• FTG submits the request to ExIm Bank for approval.
• FTG prepares financial closing documents with the client and initiates the proceedings of local due diligence (in the country) by means of the borrower’s lawyer.
• Local lawyer formalizes loan documents and sends them to FTG.
• FTG issues instructions for the opening of Letter of Credit payable to the Exporter.
• FTG collects future payments under the loan documentation from the client.

Typical STF structure: Buyer’s Credit