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What is trade finance
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Answer / azeem gill
All those loan facilities provided by the lenders (usually
banks) to support the trade activity mainly import or
export of goods are individually called trade finance.
e-g Letter of Credit,Letter of Guarantee, Finance against
imported marchandise
| Is This Answer Correct ? | 47 Yes | 8 No |
Answer / guest
trade finance is selling goods from one point to anther
point also included impor and emxpor
| Is This Answer Correct ? | 31 Yes | 18 No |
Answer / srinivas.s
Trade finance is the monitory fund which helps the business to carry out the daily/recurring activities like,purchase of raw-mat etc.
| Is This Answer Correct ? | 12 Yes | 12 No |
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