Export Financing
Export Financing refers to the financial support provided to businesses that sell goods and services to foreign markets. This financing helps cover costs associated with production, shipping, and other expenses until the payment is received from international buyers. It can take various forms, including loans, credit insurance, and guarantees.
Governments and financial institutions often play a role in Export Financing by offering programs that reduce risks for exporters. These programs can help businesses compete globally by ensuring they have the necessary funds to fulfill orders and manage cash flow effectively while waiting for payments from overseas customers.