Readers have come back asking for calculator to arrive at total cost on buyers credit transaction. To help readers, a link to excel sheet with buyers credit cost calculation is given below.
Buyers Credit Calculation excel sheet tries to incorporate all possible costs applicable on buyers credit transaction. Details have to be filled in yellow field. Some of these details will need to be filled by user as per importers bank actual cost and details like current LIBOR, forward premium, current currency conversion rates etc. Links are also provided in the sheet for getting latest rates. Given sheet is in unlocked form to allow users to make changes or do various permutation combination as per users need.
Excel Sheet Link: Buyers Credit Calculation