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Overseas Business
The Salasar cotton and its portfolios of branded offerings sourced from the India, caters specifically to the China, Bangladesh, Pakistan and few other regional markets as well. This is independent of the manufacturing, trading and supply operations.Head quatered in Andhra Pradesh India near the farmers we operate international representative offices at shanghai with our staff sitting for supply chain management efficiency. Salasar cotton belive buyer need to be satisfied with the supply chain and quality standards. |
Transactions : Salasar balaji deals with all concepts of trading transactions to enable the buyer a user friendly atmosphere. Era of quota system has come to end in the Indian market, which brought out many a players in the cotton indutry into highlighting competition. Our user friendly service and our customer care is unique in the industry standards.We provide our buyer with LC backed , Factoring transactions etc.
We send samples of Indian raw cotton to our customers on request from our representative and branch offices round the regional markets. Our quality is never compromised as per the other Indian cotton standards. Our decades of experience has made our company filled with expertise in all corners with immediate decision making ability and quick responses for our buyers to entertain there quiries.
Letter of Credit:-Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. A commercial letter of credit is a contractual agreement between a bank, known as the issuing bank, on behalf of one of its customers, authorizing another bank, known as the advising or confirming bank, to make payment to the beneficiary. The issuing bank, on the request of its customer, opens the letter of credit. The issuing bank makes a commitment to honor drawings made under the credit. The beneficiary is normally the provider of goods and/or services. Essentially, the issuing bank replaces the bank's customer as the payee.
Salasar cotton provides to the customers a choice of terms on usance and onsight. Under usance we provide buyer terms of LC from 90 days to 180days in maximum depending on the market study of buyer and his quantity in the market.
Factoring :Factoring is a receivables management and financing service designed to improve the seller's cash flow and cover risk. This is best suited for financing trade and unlike any other financing services it normally requires no collateral.
Our firm in turn source the invoice with the financial instituion and sell the invoice for cash.in this transaction we would not be backed by LC which are openied with terms of uder usance 60, 90 or 180 days in credit terms. We create our buyer a easy transacting environment inorder the speedup the transaction according to the trade and regulatory authority rules.
Domestic Operations
