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Financing your export growth

Growing internationally generally entails important upfront investment. You may need cash for travel, or fees for distributors, agents, legal services, international manufacturing, licensing of products or intellectual property, or money to hire more people. There may also be costs associated with bidding on new projects. Doing your due diligence and having a plan prepares your business for growth. Securing working capital before you make your first international sale is an important consideration.

International payment terms

Even if you expect to start selling right away in a new market, you may not immediately get paid for your goods or services. To be competitive as an exporter, you may consider extending payment terms to your international customers, allowing them to pay after a shipment or service is delivered. This can affect the working capital you need to finance your international growth.

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Working capital

Most companies hope to generate cash flow with payments they receive from sales, using that money to pay suppliers for materials, services or inventory, and as working capital for business expansion. But expenditures and payment terms in international trade can lengthen cash flow cycles and challenge growth.

Continue to learn more about:

PURCHASE ORDER FINANCING

CREDIT INSURANCE

GOVERNMENT FUNDING

LETTERS OF CREDIT

LETTERS OF GUARANTEE

PERFORMANCE SECURITY GUARANTEE

EXPORT GUARANTEE