Do you want to know how access to trade finance can increase your cross-border imports and exports? Explore our Trade Finance hub for practical tools.
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Ready to to increase your imports / exports to guarantee the payment and delivery of goods? Find out more about LCs here.
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Trade finance is a tool that can be used to unlock capital from a company’s existing stock, receivables, or purchase orders. Explore our hub for more.
A common form of business finance where funds are advanced against unpaid invoices prior to customer payment
Also known as SCF, this is a cash flow solution which helps businesses free up working capital trapped in global supply chains.
BoL, BL or B/L, is a legal document that provides multiple functions to make shipping more secure.
A payment instrument where the issuing bank guarantees payment to the seller on behalf of the buyer, provided the seller meets the specified terms and conditions.
The release of working capital from stock, through lenders purchasing stock from a seller on behalf of the buyer.
This allows a business to grow and unlock cash that is tied up in future income
A tool that businesses can use to free up working capital which is tied up in unpaid invoices.
This is commonly used for trading businesses that buy and sell; having suppliers and end buyers
Technology, construction, telecommunications, PPE, and electronics
Raw materials, agricultural products, minerals, metals, and textiles
Pharmaceuticals, chemicals, and energy products
Automotive, aviation, and marine industries
Pharmaceuticals, healthcare equipment, and related sectors
Ores, minerals, metals, and concentrates
Retail stock, e-commerce, textiles, clothing, and consumer goods
Construction, infrastructure, project finance, and green finance
Construction, infrastructure, project finance, and green finance
Food, drink, dairy, confectionery, and alcohol
E-commerce, recruitment, legal services, and hospitality
Financing tomorrow's trade
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
Anabel González was Senior Director of the World Bank Group’s Trade & Competitiveness Global Practice from July 2014-December 2017. In this capacity, she led a team of 500 people to design and implement the World Bank Group’s global and country agenda in the areas of trade, investment climate, competitiveness, innovation and entrepreneurship.
Previously, she served as Costa Rica’s Minister of Foreign Trade (2010-14) During her tenure, Anabel led Costa Rica’s efforts to join the OECD, negotiated, approved, and implemented six major free trade agreements, and implemented investment climate enhancement policies that contributed to attracting over 140 new investment projects. She also had a lead role in Costa Rica’s Competitiveness and Innovation Council. During her more than 15 years of service with the Ministry of Foreign Trade, she held various positions including Director General for International Trade Negotiations (1990-97), Vice-Minister of Foreign Trade (1998-2001) and Ambassador-Chief Negotiator (2003-04). She also served as Director of Costa Rica’s Investment Promotion Agency (2001-02), Director to the Agriculture and Commodities Division of the World Trade Organization (2006-09), and Senior International Consultant on Trade and Investment at the Inter-American Development Bank (2009-10).
Anabel is a member of the World Economic Forum Future Council on Trade and Investment (2016-18), after serving as chair of the Global Agenda Council on Competitiveness (2014-16) and Chair of the Council on Trade and Foreign Direct Investment (2012-14). She is currently a member of the World Trade Symposium’s World Trade Board. Anabel has lectured in over 50 countries and written on many trade and competitiveness issues.