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LC Series- How To Use Letters of Credit As Fincng Tools (DR)
Topics that will be addressed during this webinar: " Background On Letters Of Credit As Effective Payment Tools " Reasons Why Most Letters Of Credit Are Used As Payment Tools And Not As Financing Tools " What The Seller Must Know Before Using Letters Of Credit As Financing Tools o The Importance Of Drafts And How To Prepare Them o Understanding How Discounting Drafts Works " The Benefits Of Using Letters Of Credit As Financing Tools o Can Improve Sellers Cash Flow o Allows Buyer To Receive Attractive Financing o Creates Win-Win Sales Transactions For Sellers And Buyers o Allows The Seller To Sell More Product
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