A Indian manufacturing firm of household products received a large first time order from a Major U.S. retailer for the holiday season. Their problem was that plant capacity in India had already been maximized for domestic orders. However a Chinese firm with a licensing agreement for use of the firm's design could produce the order if a Letter of Credit was issued.

The firm applied to First Exim about the use of Trade Finance to proceed with this transaction which would promote their expansion into the U.S. market. After exploring the methods of using Trade Finance both with and without an Asset Based Lender, the firm accepted the proposal from First Exim.

First Exim, working with the Client's Asset Based Lender, provided the letter of credit allowing for the fulfillment of the order. Upon shipment of goods to the customer's stores, invoices were sent to the Asset Based Lender, which in turn paid amounts due to First Exim and sent the balance to the Client.

The Client's products were a successful sales item for the retailer, setting the foundation for a continuing relationship.