11 July 2017
EXIAR (part of the REC Group) has written a $42,000 loan insurance policy for Pripravka.RU. The deal will allow the SME exporter to enter a new market and start delivering condiments and spices to Mongolia under a deferred payment agreement.
The Exporter Loan Insurance policy is an instrument protecting Russian exporters from the risk of non-payment by foreign buyers. The policy covers delays under deferred payment contracts.
Pripravka.RU specializes in natural condiments and spices. The quality of its materials and products meets Russian and international food safety standards. The company exports to Belarus, Kazakhstan, Kyrgyzstan, Mongolia and Israel.