Export and Trade Finance
Export finance and export credit insurance are specialist activities, the primary purpose of which is to support and boost the export performance of companies operating in a given country, thereby improving that country’s foreign trade balance. Export and trade finance includes all funding-related measures taken by the exporter and its export-financing partner to establish the financial conditions required for the export transaction and mitigate the risks associated with it. These include classic short-term trade finance services and medium or long-term export finance activities, namely the financing of the purchase of the export goods, as well as the purchase of receivables (claims) arising from any deferred payment arrangements. The vehicle used may, for example, be credit provided to the export buyer (customer), a credit guarantee or surety (payment guarantee), export credit insurance, factoring or forfaiting.