India’s Export Growth: How Businesses Can Capitalise on the Current Surge
Recent export figures paint a compelling picture of India’s growing presence on the global stage. October 2024 saw record-breaking export values across key sectors, with non-petroleum exports reaching an impressive $34.61 billion. This positive momentum, combined with projections of exceeding $800 billion in total exports this fiscal year, presents a golden opportunity for Indian businesses. […]
Global Factoring Solutions in Singapore for Your Business Needs
Navigating international trade comes with its own set of challenges, including managing cash flow and mitigating credit risk. Export factoring can be a reliable solution for all these challenges. This type of factoring is a financial solution where a company sells its outstanding invoices to a third-party financial institution, known as a factor. The goal […]
Export Factoring Services in Malaysia: Boost Your Cash Flow
Businesses engaged in international trade may have cash flow and other financial issues as a result of lengthy settlement waits for invoices from importers to exporters. Export factoring is helpful in this situation. This blog will discuss various aspects related to this factoring, including the benefits of export factoring services in Malaysia and guide businesses […]
What Every Business Should Know About Cross-Border Supply Chain Risks?
Cross-border trade financing presents unique challenges due to the inherent risks associated with international business. These risks directly impact a company’s working capital and can significantly impact its financial health. Below are those risks: Buyers’ Financial Stability: Contractual Issues: Impact of These Credit Risks: Currency risk, also known as exchange rate risk, refers to the […]
Export Performance: April-September 2024 vs. April-September 2023
The export sector has always been a vital component of economic growth, reflecting the dynamism of industries and their global competitiveness. A comparative analysis of export performance from April-September 2024 to the same period in 2023 reveals positive growth trends, highlighting resilience amid global economic uncertainties. Overall export performance The cumulative overall exports during April-September […]
Beginners Guide to Trade Finance
Trade finance is a crucial aspect of international commerce, enabling businesses to facilitate cross-border transactions smoothly and securely. For companies involved in global trade, understanding the mechanisms of trade finance is essential to minimising risks and ensuring cash flow. This guide will provide an overview of trade finance, its importance, and how it can benefit […]
Turning Global Trade Risks into Opportunities with M1 NXT
Risk and opportunity are ever-present in the ever-changing world of international trade. The allure of untapped markets, new partnerships, and global expansion can be irresistible, but they come with the unpredictable tides of geopolitical shifts, supply chain fragility, and financial uncertainty. For businesses navigating these global waters, success lies not just in ambition but in […]
The Role of Trade Finance in Supporting SMEs
Small and medium-sized enterprises (SMEs) play a vital role in driving economic growth and creating jobs. However, they often face challenges in accessing the financing needed to expand their operations and reach new markets. This is where trade finance comes into play. What is Trade Finance? Trade finance is a range of financial services that […]
The Rise of Fintech: How Technology is Revolutionising MSME Lending
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of most economies, contributing significantly to employment and economic growth. However, despite their importance, MSMEs have historically faced significant challenges in accessing finance. Traditional banks often find it risky or unprofitable to lend to these businesses due to a lack of credit history, collateral, or perceived […]
The Factoring Regulation Act: Boosting MSME Growth in India
India’s micro, small, and medium enterprises (MSMEs) are the backbone of its economy, contributing significantly to GDP and employment generation. However, these enterprises often face challenges in accessing timely and adequate financing, hindering their growth potential. The Factoring Regulation Act, enacted in 2011, aims to address this critical issue by creating a conducive environment for […]