Buyer credit

From ACT Wiki
Revision as of 09:32, 9 October 2013 by imported>Doug Williamson (Category added 9/10/13 and spacing)
Jump to navigationJump to search

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