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<a href="http://www.accessmylibrary.com/coms2/summary_0286-27271600_ITM" title="Facts and information about Beyond Letters of Credit: Innovations in Trade Finances; They're new. They're high-tech. They're relatively untested. And they're exploding the menu credit managers must consider for guaranteeing payments and turning receivables into cash.">Beyond Letters of Credit: Innovations in Trade Finances; They're new. They're high-tech. They're relatively untested. And they're exploding the menu credit managers must consider for guaranteeing payments and turning receivables into cash.</a>
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Beyond Letters of Credit: Innovations in Trade Finances; They're new. They're high-tech. They're relatively untested. And they're exploding the menu credit managers must consider for guaranteeing payments and turning receivables into cash.
They're back! Those pre-recessionary times when business is slumping, and cash is hard to come by; when customers are tempted to delay their payments, making life difficult for credit and collection managers. But this time, there are a slew of new providers out there who are eager to take over some or all of the credit and collection chores, guarantee payments and advance funds--at a price, of course. Most of them are new, small and high-tech, just emerging from the test-tube stage. But they represent options that credit managers will want to know about.
Trade finance is full of disconnects; things fall through the cracks and delay payments. Now innovators are ...
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Source: HighBeam Research, Beyond Letters of Credit: Innovations in Trade Finances; They're new....