Sky Enterprises is an experienced and seasoned trade finance solutions provider and specializes in bridging the gap between buyers, sellers and their banks through cost effective structuring and funding solutions. This involves:
1) Funding purchases of goods for buyers and their banks by:
a) Accepting the Trade Letters of Credit as payment instruments
b) Offering deferred payment terms where possible and available (depending on issuer and issuer country)
2) Taking the payment risk away from sellers by paying them in cash or offering payment guarantees for the goods before shipment.
Excerpt from WTO “Some 80 to 90 per cent of world trade relies on trade finance (trade credit and insurance/guarantees), mostly of a short-term nature. The WTO is seeking to encourage the revival of the complex links and networks involved in the trade finance market in order to keep finance flowing for trade, thereby mitigating at least one reason for the shrinkage of trade flows.”