It is a kind of an off-balance sheet financing. It is a specific arrangement in which the lessee sells off his asset and leases back the same asset on a long-term bases to retain exclusive possession and use.
Sight LC & Usance LC or Standby LC - A non-negotiable trade instrument in a form of commitment by the buyer’s bank. It is usually used when the seller or exporter is unwilling to extend the credit period to the buyer or importer.
Structured finance is a complex financial instrument offered to borrowers with unique and sophisticated needs. Generally, a simple loan does not address the needs of the Enterprise. Hence, the need of structured solutions arises.