Extended Credit
Luton Engineering can also provide 'extended credit' for our projects based on credit risk assessment and agreement.
This is a secure way for the client to purchase materials and services internationally, we work with both the clients/suppliers and our bank, or private financial institution who act as the guarantor. With the banks acting as the guarantor it allows our clients and suppliers to reduce their perceived financial risk when transacting business with us.
Our company has successfully provided an extended credit facility to many private and Government institutions over the past years.
Luton Engineering currently offers the option to supply goods and services through the following means:
- Documentary Letters of Credits
- Bills of Exchange