Trade Finance Market Share and Size, Emerging Trends, Analysis, Overview and Outlook, Growth And Segment Forecasts To 2020 Technavio Announces the Publication of its Research Report Global Trade Finance Market 2016-2020 Technavio recognizes the following companies as the key players in the global trade finance market: BNP Paribas, Citigroup, HSBC, JPMorgan Chase, and Mitsubishi UFJ Financial. Other Prominent Vendors in the market are: ANZ, Arab Bank, Bank of America Merrill Lynch, BNP Paribas, BNY Mellon, Capital, Commerzbank, Credit Agricole, Deutsche Asset & Wealth Management, Deutsche Bank, Factor Funding, Goldman Sachs, Itaú Unibanco, Morgan Stanley, New Century Financial, Nordea, Paragon Financial, Royal Bank of Scotland, Royal Bank of Scotland, Santander, Standard Chartered Bank, Sumitomo Mitsui Financial, SunTrust Bank, UBS AG, UniCredit, and Wells Fargo. Browse full report with TOC@ https://marketreportscenter.com/reports/388337/global-trade-financemarket-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “The current trend of online receivable financing has attracted a lot of key market players, competitors as well as the customers to have open competitive auctions and is mostly bid by a global network of accredited institutional buyers. Traditional financing is considered more expensive. So, there are many industries that have shifted their focus to the online receivable financing platforms, which are helping companies to fulfil their working capital needs on a day-to-day basis. They are mostly used as a part of asset-based lending solutions, as also in factoring deals because these are considered a collateral component in business lines of credit. Competitive prices can be achieved due to the reduction in the cost of capital. The most advantageous approach is the lack of a long-term contract, all-asset lien, covenants and personal guarantees in case of online receivables financing.” According to the report, one of the key drivers for market growth is the improved inventory management. Inventory is considered one of the important items on a company’ s balance sheet. Companies focus on a balancing act wherein sufficient inventory is at hand to meet demand without affecting cash flow. Organizations always focus on having optimal inventory levels with the setup of robust systems which can accurately track and maintain the control of inventory systems through various other internal processes. This may help to manage vendors and customers in the supply chain and enable the company to track inventory performance, monitor demand patterns, maintain accurate inventory counts, and ensure that suppliers adhere to their commitments over the forecast period. Such efforts may lead to improvements in vendor-managed inventory techniques. Further, the report states that export factoring issues will be a challenge for the market. Export factoring is a service that is offered following an agreement between a factoring company and an exporter. As per the agreement, the factor buys the exporter’ s short-term foreign account receivables for cash at a discount on the face value. While doing so, the factor takes a risk on the ability of the foreign buyer to pay and handle collections on the receivables. The top vendors in the international receivable financing and domestic factoring financing need to focus more on the barriers. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/388337 About Trade Financing Trade financing is when finance is made available by banks to various trading companies to perform cross-border transactions. It also acts as an engine that drives the growth of a country's GDP. When a country produces goods or services, it exports some of those goods and services to other countries. However, there is a time lag between the production and delivery time required for the consignment to reach the importing country. So, there is a certain degree of uncertainty about whether the parties will honor their part of the transaction. Hence, the importing country appoints a bank to issue a financial instrument that promises to make the payment to the exporting country upon the successful delivery of the consignment to the importing country. Technavio’ s analysts forecast the global trade finance market to grow at a CAGR of 3.77% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global trade finance market for 2016-2020. To calculate the market size, the report considers the revenue generated by banks from the structured trade finance, supply chain finance, and traditional trade finance market in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA). The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Trade Finance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market To Get Discount On The Report @ https://marketreportscenter.com/request-discount/388337 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]
According to the report, one of the key drivers for market growth is the improved inventory management. Inventory is considered one of the important items on a company s balance sheet
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