What is International Trade Finance? It is defined as a wide range of financial tools that are used by traders to conclude their local and global trade deals. Further, Trade Finance allows traders to do imports and exports without the worry of cash flow. And also, it helps to reduce the risks involved in global trading; and, improves rapport with overseas sellers.
A recent study by the World Trade Organization (WTO) shows that more than 90% of global trades rely on trade financial support. Because using Trade Finance makes trading safe and secure. And also, it assures payment to the seller; also, it gives performance assurance to the buyer.
Usually, when it comes to imports and exports, the seller would prefer some kind of advance payment from the buyer to avoid payment risks. On the flip side, the buyer would think that; what happens if the seller receives the advance payment; but refuse to ship the goods. In such cases – Trade Finance provides a common solution by providing the required assurance to both the buyer and the seller.
Importance of International Trade Finance
Are you doing import and export overseas? Looking to secure your deals with the help of Financial Instruments? But don’t know where to get started?
Traders often prefer banks to support them with their trade transactions by providing the required Trade Finance. But to provide Trade Finance support, banks usually demand traders to provide 100% cash margin. But in case, if they don’t have enough cash funds to meet the banking norms; then it’s not easy to get the required Trade Finance Support from their bank.
Collateral-Free Trade Finance
If your request has been declined by your bank, then you can contact us! We, Import Letter of Credit, the Financial Instruments Providers in Dubai is here to help you! Even if your bank says “NO” for you, we can say “YES” to provide the required Bank Instrument within 48 banking hours. Further, to provide Trade Finance from good repute banks, we will not demand any cash margin from your end.
With 30 years of exp. in this industry, we assist our clients by providing – Letters of Credit, Standby Letter of Credit, and Bank Guarantees.
Submit your Trade Finance requirements to us via Contact Form. We will get back to you with a FREE Quote as soon as possible.
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