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International Payment Methods Explained

Wednesday, July 27, 2016 - 12:00pm to 1:00pm
Boise, ID
U.S. Small Business Administration - Boise

Is your small business fully able to capitalize on expanded opportunities to sell your goods and services abroad? Not sure where to start? 

Get the Exporting information you need this summer! Our Small Business Exporting Workshops will help you reach overseas markets with your products and services. In this workshop we will introduce and explain International Payment Methods. To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each export sale, an appropriate payment method must be chosen carefully to minimize the payment risk while also accommodating the needs of the buyer. Topics include: International Payment Methods (Cash-in-Advance, Letters of Credit, Documentary Collections, Open Account) Risk Mitigation techniques (EXIM Bank Export Credit Insurance) SBA Export Loan Program Overview. Presenters: John Brislin - Director, Export-Import Bank of the United States, Seattle Regional Office James Newton - International Trade Manager, Portland USEAC Gregory Yerxa - District International Trade Officer, U.S. Small Business Administration - Boise