Invoice finance is a type of asset backed finance, where the underlying asset is the accounts receivable. Accounts receivable essentially means ‘money owed’ and is usually through the form of… read more →
When exchanging goods and services overseas, you’ll often come across important trade terms such as bills of exchange, prom notes and trade bills. We’ve quickly summarised the three terms, and… read more →
At Trade Finance Global we get asked a lot of questions around Letters of Credit, so we’ve put together a quick cheat sheet on LCs, payment times and the presentation… read more →
This is the term used for the department in a commercial or investment bank where trade transactions (cross border and domestic) are financed. Financing is usually between a supplier and… read more →
Pre-export finance (PXF) is a type of finance product with a specific aim of providing finance for producers of commodities and other products. The reasoning behind these facilities is so… read more →
Trade in Services – What does this mean and how does it affect my business? Trade in services is sometimes referred to as an international trade of services. It is… read more →
Trade Loans – What are they and how can they be used? Trade loans are facilities used by importers, exporters and domestic traders. They are short term in nature and… read more →
MT799 Explained When dealing with Bank Guarantees, Documentary Credits, and Letters of Credit (LCs), one may hear the term ‘MT799’ being used. MT799 is a message that is sent between… read more →
The law underpinning financial products is inevitably very important when structuring a facility. The concept of trade finance law also adds a level of difficulty as we usually see a… read more →
How does a trade finance transaction progress? It is important to understand the complexities in a trade or structured finance lend when compared to other structures of facility. There are… read more →
With commercial finance becoming increasingly complicated, we teamed up with Simply Factoring Brokers to help simplify some of the terms that confuse business owners like you. We recently published a… read more →
A Guide to Shipping Terms and Incoterms It is important to have an understanding of cost and freight (CFR), cost, insurance and freight (CIF) and Free on board (FOB). There… read more →
What is a Standby Letters of Credit? A Standby Letter of Credit (SLOC) is seen as a financial guarantee and is used regularly in cross border trades. It is important… read more →
What is bill discounting? Bill discounting, also known as purchase of bills and invoice discounting are all the same type of financial instrument used to provide working capital to small… read more →
What is the difference between invoice factoring and invoice discounting? Invoice factoring and invoice discounting are both types of asset backed finance aimed to help businesses release cash which are… read more →
