Michigan District Export Council
    
Michigan's Export Source
www.ExportMichigan.com  
 

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It doesn't matter whether it's as close as Windsor or as far as Hong Kong or Zimbabwe, the Michigan District Export Council has someone who's been there and done that.  We encourage you to give us a try.

 

International Trade Finance & Credit


  • Canada - Commercial Fraud -   - While commercial fraud is a tiny part of the $1.4 billion daily U.S.-Canada trade in goods and services, nonetheless some U.S. exporters to Quebec companies have been victimized in recent months. This report is to inform U.S. companies of the problem, describe some of the questionable actions U.S. exporters should watch out for, and suggest how a U.S. company can best protect itself.

  • eUCP - Electronic Uniform Customs and Practice - In just a few days, an electronic supplement to ICC's rules on documentary credits (UCP) will come into force. This first ever supplement to the rules banks use to finance trade will be effective from midnight GMT on 31 March.

  • EXIM Bank - In terms of providing the subsidy supports that industrial nations have traditionally used to advance their domestic businesses when they go global, the United States is a relative latecomer to the party. 

  • How to Create Proforma Invoices That Recover All Your Export Costs - Good proforma invoices can be your best sales tool.  Bad ones can cost you the sale.  Which one are you using?
  • How Well do You Know Your Customer? - Are you offering open account terms or insisting on cash in advance.  Learn how to assess customer risk and how not to become scammed by internet crooks.
  • How's Your Quotation? -  Related to the previous article on proforma invoices, this article will help you to develop good quotations.
  • Show Me the Money - Ultimately, any sale is a gift until payment is received. Understanding how to get paid for export transactions is especially crucial, since your buyer could be 10,000 miles away. There are four basic ways to get paid internationally. 
  • Trade Finance Sources  - This article provides an overview of US Government programs as well as alternative trade finance mechanisms. 
  • Trade Finance / Cash Flow Secrets!  - It must be the economic slowdown or maybe the increase of U.S. and & foreign bankruptcies that are driving credit insurance sales to new highs. Learn what the alternatives are.
 

Date Updated: March 27, 2007


 

 

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