Cover Up! 3 Currency Risks Every Small Business Exporter Must Consider

September 20, 2016

When you ink the contract with that new buyer in a foreign country, who takes the currency risk? Should it be the buyer, the bank or you? The answer will depend on the currency of exchange, your account terms and the strength of your negotiating position. A strong dollar could mean you losing out on business unless you can extend credit terms and possibly financing. Maybe it’s a 50/50 split between you and the buyer. Possibly your product and the “Made in America” brand are just too good to resist and you can demand U.S. Dollars or another hard currency.
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Three Quick Checks to See if You Qualify for EXIM Services

March 31, 2016

So far this year we have seen increased concerns about the global outlook, particularly in China. Furthermore, sharply falling oil and other commodity prices had put the growth of the U.S. economy at risk. The sell-off in global equities that began just after the New Year sent shocks to the global financial markets. Are you and your business protected against these financial risks?
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Roller Coaster Currency Markets!

March 10, 2016

For Small Business, export sales generally involve a level of complexity and attention to country and credit risk not present when selling domestically. For example, recent fluctuations in foreign currency markets can have an immediate impact on the credit terms and the supply of financing available to support your foreign transaction.

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