Author: veracityaccounting

Trade finance plays important role in today’s global business landscape. It refers to financial instruments and products used by companies engaged in international trade to facilitate transactions, manage risks and enhance liquidity. If your business operates in realm of international trade or has aspirations to expand its global reach, trade finance is a vital tool that can offer numerous benefits. 1. Enhanced Cash Flow: One of the primary advantages of trade finance is improved cash flow management. Trade finance solutions, such as letters of credit, export factoring, and trade loans, provide businesses with the necessary working capital to fund…