As an exporter doing international trade, it has become very crucial to determine and understand the overall financial health of a foreign buyer that you are trying to do business with. The primary concern should be whether the buyer will honour their commitment. One way to assess this is by making use of financial credit checks by obtaining credit reports.… Read More »How to do credit checks for foreign buyers for assessing payment risks and authenticity?
Over the last year and a half, Coronavirus (COVID-19) Pandemic has severely affected the global economy requiring government support and central bank-led liquidity infusion to limit the adverse impact. It has harmed small business on both the production and consumption sides of the market, causing a vicious spiral. Illnesses, quarantines, and a resultant lack of mobility have led to severe… Read More »Importance of Credit Insurance and Buyer creditworthiness in International Trade: –