Export Factoring - How To Use Trade Finance To Finance Your International Sales

By Marco Terry

Selling your goods internationally can be extremely rewarding
and challenging at the same time. When you start exporting
goods, you truly open your company to a world of possibilities,
including the possibility of big financial rewards. At the same
time, you expose yourself to some of the challenges of
international commerce.

Many international transactions are settled using bank or
corporate letters of credit, which means you can rest assured
that you will be paid on time. However, many of your clients
will insist that you give them payment terms. This means you may
need to wait 30, 60 or even 90 days before you get paid. And if
your company is growing, waiting to get paid can be very tough.

Going to the bank for a business loan may or may not work. Most
banks only give business loans to businesses that have a great
past history. But this is of little use to businesses that have
a short history but a bright future.

A better option is to consider factoring your invoices, which
eliminates the 30 day wait that it takes to get paid. Export
factoring (or international factoring as it is also known) can
be a very useful tool for new and growing businesses.

Factoring is a form of financing, where a factoring company
advances you a substantial portion on your invoices. The
factoring company waits to get paid, while you get immediate use
of the funds. This eliminates the cash flow issues that happen
when you extend terms.

Export factoring is a factoring specialty. Actually, very few
factoring companies offer international export factoring, so
when talking to companies be sure to be specific and ask if they
offer this type of factoring.

Many factoring companies also offer purchase order financing.
This factoring product extension provides you with financing to
fulfill purchase orders. Purchase order financing gives you the
necessary funding to pay your suppliers, using the purchase
order as collateral.

If your company is growing and selling goods offshore, be sure
to look into factoring and purchase order funding as valuable
financing tools to help you grow.

About the Author: We are trade financing experts and can
provide you with trade financing,export factoring and invoice
factoring. For a quote, call Marco Terry at (866) 730 1922 or
visit - http://www.ccapital.net or http://factoring.qlfs.com

Source: http://www.isnare.com

The Importance Of A Financial Advisor

By Max Plata

When it comes to managing your finances, you can certainly do
it yourself. If you don’t feel comfortable doing that, you can
use the services of a financial analyst or a financial advisor.
Choosing one is easy once you know what they can do for you.

A financial analyst and a personal financial advisor help to
provide both an analysis and also guidance to businesses and
individuals who seek help with their financial decisions. Each
type of financial specialist gathers financial information,
analyzes it, and makes a recommendation to his/her client.
However, they do differ when it comes to the type of investment information that they can provide, and also the clients that
they work for.

A financial analyst assesses the economic performance of
companies and industries, as well and for firms and institutions
that have money to invest. A personal financial advisor assesses
the financial needs of people, able to offer them a wide range
of options.

Also called securities analysts and investment analysts, a
financial analyst works for banks, insurance companies, mutual
and pension funds, securities firms, and also other businesses.
He or she helps these companies and/or their clients make
important investment decisions. A financial analyst read a
company’s financial statements and also analyzes commodity
prices, sales, costs, expenses, and also tax rates in order to
determine the company’s value, as well as to project its future
earnings. 

The financial analyst meets with company officials in order to
gain a better insight into the firm’s prospects and also to
determine its managerial effectiveness. They also usually study
an entire industry, assessing its current trends in business
practices, products, and industry competition in order to keep
abreast of new regulations and policies that may affect the
industry. Monitoring the economy to determine its effect on
earnings is also a duty.

A personal financial advisor, also known as a financial planner
or a financial consultant, uses his/her knowledge of
investments, tax laws, and also insurance in order to recommend
financial options to individuals that fit with the client’s
short-term and long-term goals. Financial planners deal with
such issues as retirement and estate planning, funding for
college, and also general investment options. Some financial
advisors are able to advice on a wide array of topics, while
others are specialized in certain areas.

Working with a financial advisor begins with a consultation,
where he/she is able to obtain information on the client’s
finances and financial goals A comprehensive financial plan is
then developed that identifies problem areas, offers
recommendations for improvement, and also selects appropriate
investments that are compatible with what the client wants.

Clients usually meet with their financial advisor at least once
a year to update them on potential investments, as well as
determine if any changes have been made.

In addition, some advisors buy and sell financial products,
including mutual funds or insurance, or are able to refer their
clients to establishments who do.

Perhaps a financial advisor’s most important job is building a
customer base, since referrals from satisfied clients help to
generate new business. Other than being contacted by the client,
financial advisors contact potential clients by offering
seminars or lectures, or even meeting them through business and
social contact.

About the Author: More work of Max can be found at
http://www.financialadviceworldwide.com

Source: http://www.isnare.com