In order to tackle any working capital shortages, how would you finance this deal?

 

Context : 

Mumbai Aircraft Engines. Ltd Cy. Ltd (MAEL), one of IAM key clients located in Mumbai / India, is raising an urgent request to obtain a SINUMERA OPX021, a state-of-the-art operator panel which perfectly fits with latest aircraft technologies. Commercial contract refers to a delivery CIF Mumbai for 5.8MUSD worth. Port of departure Rotterdam, Netherland. Payment conditions proposed by MAEL, subject to IAM / Toulouse approval, are as follow.

a. Direct payment up to 5% of the deal (swift payment) when signing off the contract against an advanced payment guarantee to be issued by a first ranking bank and remitted to the beneficiary through its own local bank7 . 

b. Balance representing 95% of the deal to be paid throughout an irrevocable L/C available by negotiation, to be issued by SBI / Mumbai and including a differed payment at 180 days from B/L . Documents are to be remitted to the negotiating bank at the latest 15 open days from departure. 

c. Performance bond up to 10% worth of the contract value to be issued by a bank min. rated BBB (direct guarantee).