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TERM FINANCE

NORTHSTAR provides medium- term loans to your foreign buyer. This loan is secured by a registered lien over the exported goods, and insured by the EXIM. This provides the buyer with a predictable repayment stream and does not disrupt their banking arrangements. Transactions can be offered on a "one off" basis or as bundled sales, and are tailored to meet the needs of clients worldwide.

THE FUNDING PROCESS

NORTHSTAR will process a complete application in ten business days, after which we will issue a letter of offer on approval of an application which may be presented by the exporter to their foreign buyer.

Upon evidence of receipt and acceptance of the product by the buyer, and duly completed agreement signed by the buyer and exporter, NORTHSTAR will pay funds to the exporter directly and assume risk of the foreign buyer.

NORTHSTAR will then collect the loan directly from the buyer.

COSTS TO THE FOREIGN BUYER

Loan interest at current competitive market interest rates based on NORTHSTAR's cost of funds and fixed for the term of sale.

An insurance premium is payable to NORTHSTAR to cover EXIM insurance on each successful transaction. The rate is determined by EXIM and varies by country and buyer credit risk.

A front-end administration fee of 1.25% of the loan amount on each successful transaction.

All reasonable out-of-pocket costs for the loan, including legal fees.