Dynamic Export

It’s a tried and tested method of getting paid, but what exactly is a letter of credit, and what does it entail for an exporter? Once consdiered too paperwork-heavy, this payment method has seen a revival in this more risk adverse global economy.

Most small businesses would be familiar with cash flow issues, but exporters in particular need to understand how terms of payment and the time cost of money can affect business growth. Most small to medium exporters have less available security on their balance sheet, little no equity and find it difficult to get traditional funding [...]