Buyer credit: Difference between revisions
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A form of export finance under which the Export Credit Guarantee Department's (ECGD's) unconditional guarantee to a bank in the UK enables that bank to make a loan to the overseas customer of a UK exporter, which in turn enables that customer to pay the exporter on cash terms of payment. | A form of export finance under which the Export Credit Guarantee Department's (ECGD's) unconditional guarantee to a bank in the UK enables that bank to make a loan to the overseas customer of a UK exporter, which in turn enables that customer to pay the exporter on cash terms of payment. | ||
== See also == | == See also == | ||
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* [[Exports]] | * [[Exports]] | ||
* [[Supplier credit]] | * [[Supplier credit]] | ||
[[Category:Trade_finance]] | |||
Revision as of 09:32, 9 October 2013
A form of export finance under which the Export Credit Guarantee Department's (ECGD's) unconditional guarantee to a bank in the UK enables that bank to make a loan to the overseas customer of a UK exporter, which in turn enables that customer to pay the exporter on cash terms of payment.
