Growing businesses

By Michael Jjingo “The goal of a successful trader is to make the best trades. Money is secondary”, Alexander Elder. Trade Finance is the financing of goods or services in a trade or a transaction, from a supplier through to the end buyer. Generally, trade finance supports trade, contract and project financing. Trade Finance entails a variety of financial instruments/ facility structures that can be used by an importer or exporter or contractor. These structures include: Pre-import and post-export Finance, Structured Commodity Finance, Invoice Finance (Discounting & Factoring), Supply Chain Finance (Supplier, buyer, factor), Letters of Credit (LCs) and; Bonds…