International trade financing solutions for businesses
5 min
Like every entrepreneur in Belgium, hard work is in your DNA. You are ready to take calculated risks to grow your business. This ambition may even lead you abroad in search of opportunities. Whether you import or export, your company's working capital may be under extra pressure. As an entrepreneur, it is best to avoid this situation.
Why is the health of your working capital so important?
When you buy and sell internationally, your operating cycle may become longer, which means purchasing, production, delivery and payments all take a bit more time. This is due to the lengthy process of market prospecting, negotiations, concluding contracts, purchasing raw materials, production and transport. This is doubly true when both your suppliers and customers are based overseas.
In such cases, it can be helpful to provide additional support for your working capital. This ensures that any pressure on your working capital does not endanger your company's liquidity. Ultimately, that kind of pressure could prevent you from meeting your other financial obligations.
How can we help you?
BNP Paribas Fortis offers a wide range of solutions, all of which are specifically tailored to international trade finance. Our range of services extends well beyond simply paying for goods or services once they have been received. While this is undoubtedly the most straightforward solution, it is also the least likely to be used when trading with someone on the other side of the world.
Our range includes many other possibilities. For example, our article on documentary credit explains how confirmed documentary credit solutions can facilitate export financing.
The story we can write with you and your business has many chapters. We provide import and export solutions at various stages of the transaction, with or without documentary credits. As a bank, we will always be by your side, helping you to reach out to your trading partner’s bank if necessary. From deferred payment and bank acceptance to an avalised bill of exchange, BNP Paribas Fortis has the expertise and willingness to apply our knowledge for the benefit of you and your company.
This is why we encourage you to discuss your needs with us as soon as possible, even if your company has sufficient working capital. Ideally, we recommend you contact us before the transaction begins. Together, we can take your next step abroad with the right international trade finance structure.
You can rely on BNP Paribas Fortis
At BNP Paribas Fortis, we understand that entrepreneurs have many questions when considering foreign trade and international trade finance. Are you planning to import or export, looking to expand your existing international activities, or searching for new opportunities abroad? If so, contact your relationship manager. They will be happy to put you in touch with a specialist.
Opportunities abroad?
