Enterprises who are into the import and export business strive to derive financial flexibility to boost their purchasing power. With efficient export and import financing strategies one can help businesses face its financial challenges and risks and allow businesses to concentrate in their core business operations. Given below are seven interesting facts on export and import finance that you as a trader should definitely know about.
Small enterprises which engage in international trade have financial risks of importing or exporting goods and services from a foreign company have to deal with currency fluctuation and are also not sure of the creditworthiness of the foreign partner. Thus trade finance aids in mitigating these risks.
Read more about export exchange rate
20 Jun 2019 05:01 PM
Export factoring means purchase, funding, management, and collection of short term account receivable based on goods and services provided to foreign buyers.
07 Jun 2019 05:12 PM
The trade war is a situation in which countries involved damage each other’s trade by imposing tariffs on imports with the broad intention of saving its own industries and creating job opportunities for its citizen.
31 May 2019 02:55 PM
Foreign Services from reliable service providers like that of Myforexeye include a range of solution that is aimed to help businesses and individual traders to better their trading every day by analyzing the market’s movements.
24 May 2019 03:19 PM
1. Foreign exchange as the term says is an exchange of foreign currency. Exchange of one country’s currency against another country’s is done in the foreign exchange or forex market.
23 May 2019 12:04 PM
Foreign exchange depends on the value of the currency. And, as far as the valuation of currency is concerned, it again depends on a number of factors such as - trade, investment, tourism, and geopolitical risk. The foreign exchange market also repres
21 May 2019 05:13 PM
A letter of credit provides an irrevocable guarantee to the seller that provided the goods and/or services are delivered to the buyer according to contractual terms and with the required documents, it will be paid by the bank that issued letter of credit.