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The Trade Financing market is an important part of International Trade, providing businesses with the capital they need to purchase goods and services from abroad. It is a form of credit that helps to bridge the gap between the time a business pays for goods and services and the time it receives payment from its customers. Trade Financing can be provided by banks, financial institutions, and other lenders. It can also be provided by governments, through export credit agencies, or through private sector insurers.
Trade Financing can be used to cover a variety of costs, including the cost of goods, shipping, insurance, and other related expenses. It can also be used to finance the purchase of raw materials, equipment, and other inputs. Trade Financing can also be used to finance the export of goods and services.
Some companies in the Trade Financing market include Citi, HSBC, Standard Chartered, Bank of America, UBS, and Deutsche Bank. Show Less Read more