Why are you interested in interest and currency management? Every day the global market provides your company with new opportunities which you should take advantage of. At the same time the markets are becoming more dynamic.
Improve your competitive situation
Buyer's credits make international business easier for you. Buyer's credit, which is for the most part covered by government credit insurance, ensures your contract partner abroad will be financially supported. Your customer will pay for the order it places with you with the credit granted. This government instrument for promoting foreign trade improves your competitive situation abroad.
The financing of a buyer's credit is structured medium to long term. One aspect is important for you: Your account is settled as soon as the goods have been delivered in accordance with the contract. The export transaction therefore becomes a cash settlement transaction for you. That is good for your balance sheet.
The buyer's credit process is very easy for you. The financing bank holds all of the necessary contract negotiations direct with the importer or his bank. You only have to make the exporter declaration - the financing results in no further obligations for you.
Attractive conditions for your partners
A buyer's credit is also attractive for your contract partner: The costs of financing are comparatively low and his local credit line is not affected by the buyer's credit.