THE BENEFITS OF THE NORTHSTAR FINANCING PROGRAM
- Competitive interest rates.
- Financing can be obtained in addition to any existing credit facilities the international buyer may currently have.
- The NORTHSTAR program has a quick application turnaround. A complete application will be processed within ten business days.
- Fixed interest rates provide the buyer with a predictable repayment stream. Variable rates can be offered should they be preferred by the buyer.
- Unlike other kinds of financing, the NORTHSTAR financing program does not require Letters of Credit or Bank Guarantees.
- In many countries, NORTHSTAR loans are not subject to withholding tax on interest payments.
- International buyers are able to secure financing even for purchases of relatively low values.
- The loan documentation is standardized for greater efficiency and lower cost.
- The only security registration is a lien on the financed equipment.
BACKING YOUNG COMPANIES
If a company is less than three years old, the financial statements of the owners, partners or stockholders can be used to apply to NORTHSTAR's program.
If a company is part of a larger organization other members of the organization may submit their financial statements to guarantee the loan.
CONFIDENTIALITY POLICY
The relationship between NORTHSTAR Trade Finance and your company is direct and strictly confidential. All the information provided to NORTHSTAR will be handled and reviewed by NORTHSTAR Officers only.