It is predicted that 80-90% of global trade is reliant on trade and supply chain finance.

Cashflow is the life blood of a business. Trade Finance supplements the cashflow of brands and manufacturing companies – mismanagement can lead to certain failure and bankruptcy. Some facts about Trade Finance: Trade financing (also known as supply chain and export finance) is a huge driver of economic development and helps maintain the flow of credit in supply chains. “It is predicted that 80-90% of global trade is reliant on trade and supply chain finance.” – Trade Finance Global Trade finance is worth over $3 trillion annually- Trade Finance Global Essentially the transaction goes through a bank or similar financial institution so the exporter receives payment upon shipment and importer pays once they receive the goods through a line of credit. The exporter doesn’t have to worry about a default in payment by the importer and the importer is made…

Continue Reading