Export: Banking Facilities for Exporter and Importer

Every business entity needs financing, be it from internal or external sources. Even though a company is self financing today, in time to come it may need to expand as its market broadens, diversify as there is a change in the demand of its products, update its technology so as to keep pace with the fast changing IT system and also to compete and excel in today’s competitive market. In order to achieve these objectives and to be able to with its and  sail through the cyclical nature of the economy, company needs additional resources financing.

Objectives

• Understand the needs for banking facilities to meet theshort-term and long term financial requirement ofbusiness entitles;
• Know the operating procedures of various banking
• facilities for importers and exporters; Understand the various international trade financefacilities for importers and exporters;
• Understand and mitigate the risk and fraud in international trade;
• Know and overcome the weakness in documentation in international trade;
• Know the technique (facts and figures) of business loan proposal to the bank.