Introduction to Preshipment Finance Preshipment finance is a type of trade finance used by exporters and importers to facilitate the purchase or production of goods. This form of finance enables suppliers to obtain payments in advance, covering the costs associated with producing the goods.
Introduction to Postshipment Finance vs Traditional Loans In today’s financing world, ‘Postshipment Finance vs Traditional Loans’ is a common comparison among businesses. This scheme involves financing goods after shipment and delivery to buyers. Unlike traditional loans, post-shipment finance usually comes with more flexibility and
Introduction to Promissory Notes Promissory notes are legally binding documents used to record a promise of one party to pay a specific amount of money to another party. These notes are commonly used in business transactions and personal loans. The party issuing the note
Introduction to Proforma and Commercial Invoices When it comes to international trade, it is essential to understand the difference between Proforma and Commercial Invoices. The former is a document that serves as a preliminary invoice, while the latter is an official record of sale
Understanding Export Documents Export Document Essentials Export documents are crucial for businesses to expand their operations into foreign markets. These documents ensure regulatory compliance and streamline international transactions. Read moreWhat Documents Are Required for International Shipping?Below is a table outlining the essential export documents
Introduction To understand where to find import and export templates, start with an introduction that explains the concept briefly. This section will give you an idea of what import and export templates are and how they can be useful. In this article, we will
Basics of Promissory Notes and Loan Agreements In essence, a Comparison between Promissory Notes and Loan Agreements. Loans and promissory notes are forms of financing, and both involve borrowing money from one party to another. Differences exist, however. The following table summarises those distinctions:
Banks as Postshipment Finance Providers Financial institutions offer postshipment finance loans as a tool to assist export operations. Such services have the remit of bolstering the cash flow cycles of exporter clients during shipment delays between delivery and payment release. Typically, banks act as
Importance of Documentary Letter of Credit To better understand the importance of documentary letter of credit, it’s important to know its basic definition, functionality, and benefits. That’s why in order to deal with the uncertainties and risks of international trade, you will have to
Introduction to Documentary Collection When it comes to international trade, many exporters and importers go for financial instruments that offer a low-risk option. One such tool is the process of Documentary Collection, in which parties agree to transfer title documents of goods and payment
