FCIB and the U.S. Department of Commerce release updated Trade Finance Guide: improved, user-friendly tool provides essentials to finance export opportunities.(TRADELINE)(FirstCaribbean International Bank)(United States. Department of Commerce)

FCIB and the Manufacturing and Services unit of the U.S. Department of Commerce's International Trade Administration (ITA) have published an updated version of the Trade Finance Guide: A Quick Reference for U.S. Exporters. This concise and easy-to-understand resource was created specifically for U.S. small- and medium-sized enterprises (SMEs).

The Trade Finance Guide was created through a public-private partnership formed with FCIB. As an Association of Executives in Finance, Credit and International Business, FCIB is a prominent business educator of credit and risk management to exporting companies of every size. The Guide was also created in cooperation with the U.S. Small Business Administration, the Export-Import Bank of the United States, the International Factoring Association and the Association of Trade & Forfaiting in the Americas.

"Since its publication last year, the Trade Finance Guide has been an effective, useful finance resource for America's small- and medium-sized enterprises," said William G. Sutton, commerce assistant secretary for manufacturing and services. "This tool helps SMEs turn export opportunities into actual sales and makes it easier for them to do business internationally."

The second edition features a new chapter on foreign exchange risk management as well as updates to all ...