How to Finance Your Global Growth
Our WEGG Board member, Chantal Wittman, V.P. International Trade Sales, MB Financial Bank, wrote a great article on “How to Finance Your Global Growth.” You can access it here. One tip she shares:
“Today most U.S. export sales are made to private sector buyers in both developing and developed markets. Ex-Im Bank and private sector credit insurance policies can be used to protect the risk of non-payment from foreign buyers, while extending payment terms that can range from a few days to five years, or longer. These insurance policies can also be assigned to U.S. banks to allow for advances on foreign receivables.”
Read more: “How to Finance Your Global Growth“
Note: Don’t miss our next WEGG webinar 7/13 on “China Exports: Growing Brand Recognition Locally First,” and presented by expert Nicole àBeckett, President of Mercatura Global. Register here: https://attendee.gotowebinar.com/register/1045496295028407041. Event is no charge but you must register in advance to attend.
And one more thing! If you are based in Chicago, don’t miss a great LIVE event on July 13th where one of our past WEGG presenters, Louise Kern, will be discussing Saving Your #$%: Due Diligence in International Transactions. To find out more and to register, visit: http://calendar.itagc.org/docs/ITAGC_Calendar_8255.pdf (fee involved). Be sure to mention WEGG when you register to get your special discount.
Screenshot courtesy: MB Financial