ITC’s objective is threefold:
- Enable trade support institutions to provide more adapted financial services to meet the needs of client enterprises;
- Train enterprises in financial management, for example how to approach banks;
- Provide the banking sector with assessment tools to better assess the risks of financing SMEs in order to facilitate the SMEs’ access to financing for export.
Capacity is built through training on issues related to financial guarantees and collateral needs. Financial institutions are assisted in the provision of SME-specific financing mechanisms by integrating e-solutions into the risk analysis processes. Emphasis is put on promoting a better understanding and mitigation of the risks faced by exporting SMEs.
For more information:
Trade Finance for TSIs: http://www.intracen.org/trade-support/evaluating-trade-credit-applications/
Trade Finance for Exporters: http://www.intracen.org/exporters/obtaining-export-credits/