Exporting Dutch entrepreneurs - Transaction - Loppy pop packing machines - Zuid Afrika

This transaction concerns the delivery of machines for packaging lollipops, including the
installation. The machines are produced by GEA Food Solutions in Weert and are supplied to
the Colombian producer of confectionery Comestibles Aldor S.A.S. The machines will be
delivered to a subsidiary, Aldor Africa Ltd. in Johannesburg, South Africa. The exporter wants
to offer his customer a 5-year supplier credit. The exporter's home bank has indicated that
they are not interested in discounting the bills of exchange due to the small size of the
transaction. As additional security, there will be a retention of title on the machine to be
delivered. The exporter requests us to discount the bills of exchange upon delivery.