A Guide to Financing Mechanisms in International Business Transactions

Download or read book A Guide to Financing Mechanisms in International Business Transactions written by Sang Man Kim and published by Cambridge Scholars Publishing. This book was released on 2019-09-04 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines features of international business transactions, and discusses their various associated risks. For the successful completion of an international business transaction, depending on its terms, both parties need access to funds. This text deals with financing mechanisms mainly in the international sale of goods and in overseas construction projects. Concerning financing international sale of goods, it discusses export working capital financing, documentary credit, negotiation of bills of exchange, export factoring, and international forfaiting. Concerning financing an overseas construction project, this book discusses supplier and buyer credit, project finance, syndicated loans, and independent guarantees (or standby letters of credit). The book also covers export credit insurance (or export credit guarantee), which is very useful for the facilitation of financing in the international sale of goods and in overseas construction projects.