What Is the Difference Between “Discreet” and “Discrete”?
NUANCE!!
What’s the difference between our dedicated Trade Finance Team and everyone else?
Your Company’s Success!
Don’t Use YOUR import credit line to import goods.
Use OURS instead!
Author: federation
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It’s a Pretty Active World That We live in. New needs, New Products developing all the time.
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Gold for Idiots
NEWSLETTER – MAKE YOUR DEAL FIT THE FINANCE
Greetings!
We begin 2013 with our continuing update on points of interest in our world, which happens to be largely your world too. During the last year we were starting work on the platform for a business component that works hand in glove with the trade finance business. We refer to the ability to combine finance with providing products for which there is continuing demand in many parts of the world.
Continue reading “NEWSLETTER – MAKE YOUR DEAL FIT THE FINANCE”
Alternative Finance: Using Your Available Capital Most Efficiently
Greetings!
It’s a new year. One month gone!! But it may seem surprisingly like the old year when you deal with your banker trying to handle Letters of Credit or any form of Finance.
We begin 2015 with our continuing update on points of interest in our world, which happens to be largely your world too.
Continue reading “Alternative Finance: Using Your Available Capital Most Efficiently”
Be Wary of Fradulent Commodity Brokers
NEWSLETTER – The most successful businesses understand risk management.
Import businesses are particularly susceptible to liquidity and QA/QC risk.
A very common scenario:
1) An importer works hard over the years to build rapport and eventually suppliers are willing to extend open terms.
2) The supplier encounters financial hardship and is forced to ask the importer for a deposit.
3) The importer must now come up with a deposit (damaging liquidity), and their money is now at risk in the event goods arrive in poor condition (as cost cutting can affect QA/QC standards).
What can an importer do to mitigate liquidity and QA/QC risk?
The Answer: offer their supplier a letter of credit from WESTCAP instead of sending a deposit. Our LCs are backed by OUR cash, NOT YOURS! Your cash is your livelihood–don’t sent it overseas until your goods arrive and you are sure you’re getting exactly what you want. We help hundreds of businesses grow by mitigating liquidity and QA/QC risk, and we can do it for you.
NEWSLETTER – NEW YEAR, BANK’S OLD PROBLEMS!! SOLUTIONS!!
Greetings!
It’s a new year. But it may seem surprisingly like the old year when you deal with your banker trying to handle letters of credit.
Continue reading “NEWSLETTER – NEW YEAR, BANK’S OLD PROBLEMS!! SOLUTIONS!!”
FINANCE STRUCTURES
Greetings!
Last month we told you about “last mile financing” in the mining arena. This is, you will recall, bridging the gap between when miners normally need to be paid, and when the trader can cash the letter of credit once the cargo has been loaded. We had a number of responses to this message, and have found there is particular interest in shipping, for example, iron ore or manganese ore from Mexico and other spots in Latin America. We have already closed one such relationship, and expect to complete several other fundings over the next few weeks. This particular finance structure is suitable for the industrial ores, but you should not think of it as being usable for precious metals like gold or silver.
Things are not always what they seem.
Greetings!
About 600 years ago it was common knowledge that if you sailed west from Europe, either the ocean would abruptly end and you would fall off the end of the earth, or there were man-eating dragons waiting for you for lunch. Their lunch, not yours. (See our note about this in our PS.)
People living in that era had it tougher because the facts themselves were in short supply. Today there are enough facts around to satisfy everyone if they bother to look.
That’s why it’s so amazing that misinformation still spreads even amongst professionals in a field.