While the reasons for growing an exporting segment of your business typically emanate from sales and expansion strategies, the roots of their success start with the finance department crossing all the T’s and dotting the I’s to ensure invoicing, payment processing and customer support can keep pace with expansion plans.
With those needs in mind, EXIM – the Export Import Bank of the United States offers a report examining each of these considerations. This video offers further clarity and definition on how to process concerns that could include:
- The need for open account credit terms.
- How EXIM can financially aid in growing a company’s exporting business.
- Long-term payment considerations.
- Letters of credit for sizeable contracts.
- The benefits available to smaller enterprises.
The video offers answers to these and many other questions, with additional information on how to grow your export business available from the official export credit agency of the United States.
