Export factoring – Explained Export factoring is a package that encompasses credit protection, export working capital financing, foreign accounts receivable bookkeeping and collection services. The financier (factor) will purchase accounts… read more →
It’s not very often when we come across truly global solutions which simplify trade finance and supply chain process management. However, the technology lying behind Thomson Reuters® ONESOURCE™ Global Trade… read more →
Trade finance is advancing hugely in Asia, and we were excited to speak to Steve Beck, the head of the Trade Finance Program at Asian Development Bank (ADB), on the… read more →
What’s the future of Africa trade finance? Trade finance presents huge opportunities in emerging markets such as Africa. We spoke to Mr Ikenna Egbukole, Head of Structured Trade & Commodity… read more →
Bradford has the highest percentage of SMEs which are selling products or services overseas, according to a recent FedEx Exporter survey. Beating the usual suspects, (London, Leeds, Manchester and Southampton,)… read more →
By 2016, over half of the UK’s SMEs expect to be exporting their goods and services around the world; that’s an increase of one fifth over the next year. This… read more →
Low inflation rates breathe sigh of relief into markets and UK importers The UK’s annual inflation rate fell to zero in February which breathed a sigh of relief into markets.… read more →
When a bank or finance house lends out money they will usually use a reference rate, which in the United Kingdom will usually be LIBOR (London Interbank Offered Rate) or… read more →
There are a number of difficulties with using a Letter of Credit, but they are one of the most widely used instruments for trade. Letters of credit are used in… read more →
At Trade Finance Global, many people ask whether the UCP 600 will be revised. The UCP 600 is a set of rules developed by the International Chamber of Commerce on… read more →