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A Study on the Availment of Export Finance by Exporters in Surat City
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Export is important for any economy to grow. In order to boost export, finance is made available by various institutions and banks. Export finance can be availed in the form of pre-shipment and post-shipment credit, also it can be availed in home currency or foreign currency. On the other hand, some difficulties are also faced by exporters who want to avail such export finance. This paper studies the availment of export finance in Surat city. It is found that in Surat city, exporters prefer to avail pre-shipment finance from private banks. Also it can be seen that the exporters face difficulties such as requirement of excessive documents while availing the export finance, they find the procedure to be lengthy and even after that it takes a long time for them to actually receive the finance.
Keywords
Export Finance, Pre-shipment, Post-shipment, Finance
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