An Essex based Vegetable and Fat Trader & Shipper, which has been trading for 38 years, has secured a £1.3m structured line of credit by GapCap, facilitated by Trade Finance Global (TFG).
The World Trade Symposium in November coincides with incredibly interesting times in global trade. Not only will the run-up to the US 2020 Presidential election be well underway, but a spotlight will be firmly trained on the impact of Brexit on the EU, should it go ahead at the end of October.
Everyone wants to make a consistent profit in the Forex market. Sadly, very few traders can make consistent profit in the retail trading industry. The majority of the rookie traders are losing money because they don’t know the proper way to manage their risk factors. They simply take unnecessary risks and blow up the trading account within the first six months. If you truly want to survive in this business, you must learn to trade like the professional traders in Hong Kong. Making consistent profit in the Forex market is not all hard. Just follow the basic guidelines and within a short period of time, you will be able to make a decent profit from this market.
Trade Finance Global (TFG) is more than delighted to announce an educational partnership with FCI Academy; the Centre of Knowledge for Receivables Finance. FCI Academy will provide the participants of TFG Student Writer Programme with ten educational licenses for the ‘Fundamentals on Domestic and International Factoring Course’.
Facebook recently announced a “blockchain powered currency” called Libra which appears to be a potentially game changing development in payments. Although there is scepticism and uncertainty, Facebook’s Libra initiative is something to be encouraged and applauded. With the caveat that FB needs to be watched very carefully as it has over the years proclaimed in its various mission statements that it wants to “move fast, break things, build things and add stable infrastructure”.
The U.S. legislative body has set congressional hearings after several lawmakers raised concerns hours after social media giant, Facebook, announced its entry into the digital currency market via Libra.
TFG were live at the Telegraph’s Future of Trade & Export conference, joined by Michael Boguslavsky, Head of AI at Tradeteq. There are a number of disruptive opportunities to digitise trade finance, including, machine learning, artificial intelligence, robotics, natural language processing.
Personal Guarantees 101. TFG heard from Todd Davison at Purbeck Insurance Services on personal guarantees and what this means for raising finance for a company
The Telegraph’s ‘Future of Trade and Export’ conference sought to explore ‘new opportunities in international trade policy, finance and technology’.
As part of the Incoterms 2020 Media Alliance with the ICC UK, Trade Finance Global reports important information on the rules that are changing for Incoterms at the end of the year. Using the wrong ICC Incoterm when trading goods worldwide exposes companies to greater risk and cost in the form of lost goods or unnecessary disputes
The Global Supply Chain Finance Forum announced the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.
TFG heard from Eng. Hani Salem Sonbol, CEO, International Islamic Trade Finance Corporation
The month of May marked the end of British Prime Minister ‘May’, and was ultimately about continuations of previous stories and themes, the outcome of the European Elections and the start of the Conservative leadership race.
Crypto assets (including Crypto currencies) and the technologies which underpin them are important because of the potentially huge benefits to society they can deliver. TFG heard from Manu Duggall on their standing under English law, which will determine whether that law will be chosen as the law of the contract and the forum for disputes over others.
FCI advised of the results of the 2019 Annual Awards for Excellenc and the new Executive Committee for 2019. TFG reports from Ho Chi Minh City, as Media Partners of the Meeting.