Category: Articles

When dealing in international trade, a letter of credit is sometimes used. This document is also referred to as bankers’ commercial credit. It is a payment tool that is used for international trade to help provide a guarantee of payment from a creditworthy institution to the exporter of the goods. International trade finance companies can […]

Small and Mid-sized Enterprises (SMEs) represent about 95% of the global economy. However, these companies tend to have limited access to financial services and risk mitigation strategies that are essential to their growth. International trade finance enables overseas transactions for small, mid-sized, and large companies.   SMEs, in particular, require working capital that grants them […]

It is commonly known that trade finance can help businesses continue to conduct trade without any issues. But trade finance can do so much more. One area in which trade finance helps countries and their economies is by helping them with foreign currency shortages. Foreign currency is regularly needed to complete global trade, but sometimes […]

In the past year, trade finance has undergone tremendous changes with significant impacts on the Latin American market. Two primary factors have contributed to the rise of trade opportunities in Latin America. First, advancing technology is simplifying international trade finance and making it more accessible to emerging markets. Second, a changing geopolitical landscape is shifting […]

Shipping your exports abroad is an attractive opportunity to reach new customers and grow your business. At the same time, you want to limit your exposure to financial risk factors. Determining the best payment methods for your export shipments ensures that you get paid as soon as possible and that buyers receive favorable sales terms. […]

After the introduction of the North American Free Trade Agreement (NAFTA), many import and export barriers between the United States and Canada were reduced. Merchants are free to ship goods back and forth without having to file Electronic Export Information (EEI), except under specific circumstances. However, there are subtle differences in restrictions that can be […]

A Shipper’s Letter of Instruction (SLI) is an optional, non-legal document that helps exporters accurately communicate information to the freight forwarder. This letter outlines handling instructions for your shipment, speeds up the processing of required authorizations, and ensures compliance with Foreign Trade Commission standards. An SLI also enables your freight forwarder to manage export control […]

Nearly every country in the world has specific regulations for importing goods from abroad. As a result, your product may have to face additional testing, licensing, or labeling before it’s permitted to enter the foreign market. These requirements can vary between countries and US exporters often have to take extra steps to ensure their deliveries […]