Looking at the bigger picture of international trade flows and supply chains is crucial when looking at helping businesses access finance. We heard from Tony Brown at the Annual WOA Convention, discussing the world of open account pre- invoice, including purchase orders, transportation, distribution and pre-shipment finance.
Michael Rolfe, Head of Commodity Finance at Bank Leumi spoke to TFG’s Deepesh Patel at ExCred Commodities London.
Letters of Credit are an involved subject. Bankers spend lots of time studying the various types and rules and regulations. “But hold on” I hear you say. I thought this article was entitled ‘Demystified.’ Well, for the typical importer or exporter dealing in individual transactions, they can be quite straightforward.
Brexit continues to cause changes to the UK construction industry, with impacts ranging from a freeze/slowdown in trade to the decreasing availability of construction workers from overseas. The risky construction sector is showing contraction due to the longer-term uncertainty.
PARIS, 12th June. Today marks the release of the ICC Banking Commission’s 2018 Trade Register Report – again highlighting the low-risk nature of trade finance in comparison to other asset classes.
Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?
UK exporters that had previously only traded with the EU are now having to wise up to the fact that Europe may become a true export market, and that they will have to register as an ‘Economic Operator’ and need an EORI number.
In the expectation of a fast-growing demand for electric vehicles, global investors and battery makers have been in a rush to stock up nickel, which helps to substantially drive up… read more →
Evidence shows that small and medium-sized businesses that export are more likely to achieve higher turnover growth, in addition to being more stable and sustainable if the local market does… read more →
There is often limited information on software, productivity tools, and the correct applications to use when it comes to importing and exporting businesses. In order to provide you with a… read more →
International tax competition (ITC) stems from governments encouraging inflows and discouraging outflows of capital within their country, typically through corporation tax rate (CTR) reductions to increase the attractiveness of foreign… read more →
Metals are some of the most widely used materials on this planet, in addition to being some of the most extracted. South Africa is the world’s leader in mining. The… read more →
Pliny the Elder (23CE – 79CE), a Roman author, naturalist as well as a commander in the Roman army, wrote a book, NaturalisHistoria. The book says that Roman senators complained… read more →
P2P lending is a way to source alternative finance and complex funding types for businesses seeking to raise finance. P2P lending started in the UK in 2005 with consumers borrowing… read more →
FCI, the global representative body of nearly 400 members for the Open Account Factoring and Receivables Finance Industry together with Demica, the leading independent provider of Working Capital and Finance… read more →