What Is Export Finance?
Export financing is a method and process for obtaining funds by exporting enterprises that need some or all of their funds in the export process.
Export financing
- Chinese name
- Export financing
- Definition
- How and how to get funding
- Object
- Export financing is a method and process for obtaining funds by exporting enterprises that need some or all of their funds in the export process.
- Financing of exporters before shipment of export goods
- (1) Advance payment provided by trading partners (Advance Payment)
- Factoring financing
- Factoring refers to a contract between the seller (creditor) and the buyer (debtor)
- With the rapid development of China's foreign trade, domestic commercial banks are increasingly diversified in trade financing. However, in the specific operation process, some business types, such as the issuance of credit lines, package lending, and delivery guarantees, have developed rapidly; other business types, such as import bills, overdrafts, export bills, and discounts, Because it has not been further developed, it is in a state of stagnation. [1]