A detailed overview of Buyer Credit, a financial arrangement where the bank finances the overseas buyer to pay the exporter upfront.
Export-Import Bank of the United States: A Critical Financial Support Institution for U.S. Exporters
The Export-Import Bank of the United States provides financial assistance to U.S. companies to promote the export of American goods and services. It plays a pivotal role in enhancing U.S. trade competitiveness globally.
Forfaiting is a financial practice where an exporter sells their receivables to a forfaiter at a discount, receiving immediate payment without recourse.
Established in 1934 by Congress, the Export-Import Bank (EXIMBANK) of the United States aims to promote U.S. trade with foreign nations through financing exports and imports, offering direct credit, and providing guarantees. Its activities safeguard against commercial and political risks, and aid U.S. exporters.
A comprehensive guide to forfaiting, explaining how it works, the advantages and disadvantages, and real-world examples.
