RATING

Our Services

Documentary Letter of Credit

SERVICES

1. COMMERCIAL RATING

High-quality credit ratings aim to help corporates in two key approaches:
– To exhibit the corporate’s credit repayment capabilities to clients and banks
– To add weight to the company’s credibility while dealing in cross-border trade

2. FINANCIAL RATING

Outstanding financial ratings help these institutions in several ways:
– To show clients how much credit a financial institution has available to grant them.
– To demonstrate the financial institution’s strong collections, enabling the reuse of funds to support a maximum number of clients.
– The rating also benefits financial firms by standing out among the vast market competition and getting audited & rated by ICRA LLC.

BENEFITS OF RATING:

– Improved reputation and strong brand creation
– Effective marketing tools for the international and local market
– Better negotiations with trading partners
– Better negotiations with banks on services
– One document showing your company credit profile

Process:

– Client onboarding
– Initial documents collection & screening
– Invoicing & payment collection
– ICRA rating initiation
– Rating committee approval
– Sharing ICRA rating report & ICRA rating certificate

Documents Required:

-Trade License/Certificate of Incorporation
-Memorandum/Articles of Association
-Latest extract from online domains
-Good Standing Certificate for the company from a Local Lawyer in their country
-Copies of Passports for all directors and shareholders
-Address confirmation for all shareholders/directors ((Utility bill or Lease Agreement)
-Address confirmation for the Company (Utility bill or Lease Agreement)
-Board Resolution approving to application for rating
-Passport-size photos for all shareholders

Financial Documents

-Credit Report of the company and shareholders/directors
-Audited Financials of the company
-Latest bank statements of the company (One year)
-Complete the company’s Business Profile including suppliers, customers, payment terms, number of company staff, banking relationships, and any rewards or certifications.
-Future business prospects & financial projections

RWA / POF / BCL

Stand By Letter Of Credit

Bank Guarantees

RATING

FACTORING

Documentary Collection