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hi Im Sam and I want to tell you all about letters of credit and along the journey this might even help your clients did you know smmes account for 99% of UK businesses and 46% of them experience some form of cash flow problems most of the trade in the world is done internationally in order to facilitate this a business needs to have trade agreements with their partners and counterparts trust is incredibly important when agreeing payment terms putting this on a scale at the riskier end trade can be done on open account terms where the risk of the seller Bears the risk of not being paid a letter of credit or LC is less risky and in this video well explain why here at trade Finance Global we help companies find debt funding in the market with various finan inst structures to meet the businesss needs we want to help you explain debt terms to your client and help grow your clients or help recognize future cash flow challenges a letter of credit is relevant where there is an exporter and
