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Novice Importers & Exporters![]() Are you beginning to plan importing or exporting activities, and looking for a primer on trade finance? At TD GTF, we have assisted many new Importers and Exporters to prepare for the initially daunting challenges of "Going Global". While doing business internationally involves many complexities, the information below should be given special attention by companies planning to expand internationally. 1. Providing for adequate financing/cashflow to support international activities International business commonly involves longer timeframes for many activities – whether completing a credit or background check on a potential partner, establishing a network of agents or distributors, or negotiating contract terms, the process is often significantly longer than at home – which means, the cost is higher, and often, payment of receivables takes more time.We can help novice traders successfully complete their first international trade transactions. 2. Ensuring that risks associated with international trade are adequately and effectively managed What are the chances that your trading partner will default on payment, or fail to ship the goods contracted, or paid for? How likely is it that an economic crisis will erupt, preventing even the most well-intentioned partner from performing as agreed? What are the potential consequences of a trade dispute? Our Team is well versed in all aspects of international financial risk management, and can provide suggestions or solutions, which could save the deal, and protect you. Managing international risk is a critical aspect of Trade Finance. 3. Identification and selection of the most appropriate payment and financing option International Trade can involve a wide range of payment and financing options, with varying degrees of risk mitigation and flexibility. Doing business in North America with a trusted trading partner generally suggests a very different approach than exporting to a new buyer in a high-risk Emerging Market. We can assist in identifying the appropriate Trade Finance mechanism to apply to a deal you may be considering, and advise which features of a given product should be included. |
Key ContactsBritish Columbia Global Business Services 604.654.3830 Alberta, Saskatchewan and Manitoba Global Business Services 403.292.1281 Ontario Global Business Services 416.982.4011 Quebec and the Atlantic Provinces Global Business Services 514.289.0155 1.866.661.6366 514.289.1469 (fax) |
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