What is the International Trade Financing industry?
Companies in this industry provide financial and other support to individuals or businesses involved in international trade. For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank), providing for payment upon presentation of certain documents, such as a bill of lading. The exporter's bank may make a loan (by advancing funds) to the exporter on the basis of the export contract... purchase to read more