Financing Trade and International Supply Chains

Financing Trade and International Supply Chains takes the mystery out of trade and supply chain finance. The book suggests that every trade or supply chain finance solution - no matter how elaborate - addresses some combination of four elements: facilitation of secure and timely payment, effective mitigation of risk, provision of financing and liquidity, and facilitation of transactional and financial information flow. The book includes observations on the effective use of traditional mechanisms such as Documentary Letters of Credit, plus an overview of emerging supply chain finance solutions critical to the financing of strategic suppliers and other members of complex supply chain ecosystems. The important role of export credit agencies and international financial institutions is explored, and innovations such as the Bank Payment Obligation are addressed in detail. This valuable resource balances concept with practical insight and can help protect the financial interests of companies pursuing opportunity in international markets.