Merchant_tradecorp18 Sep, 2021Business
Trade finance contributes to boosting the conduct of business by increasing liquidity in the market. For instance, in receivable discounting, exporters will receive the payment against the bill provided and that too before the credit period. Due to the assurance provided by the financial service provider, exporters/importers can conduct business easily. They do not need to wait for the cash to arrive or worry about non-payment.
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