Export Letter of Credit
While trading overseas, sellers may utilize an export letter of credit. It helps to ensure that the seller…
BASICS OF EXPORT CREDIT FINANCING
With a population of over 3.1 million and links to key countries around the globe, Dubai is a great place to start a business. However, even in the UAE, there are several challenges a small business can expect to face.
one of the biggest obstacles faced by exporters is to raise sufficient capital to oversee their day to day operations, while also covering the costs associated with orders made by overseas customers. Under such circumstances, it is essential to seek the assistance of an export finance provider who can help you with required monetary funding.
To find a trusted export finance company in the UAE can be a challenge in itself. While some of them charge extremely high fees for their services, others insist on tight payment windows that can put you under even more financial pressure. As one of the region’s top trade finance agencies, Credico Capital understands the importance of export financing and flexible repayment schedules. Read through to understand more about the concept of export financing and how it can help you.