Negotiate Documentary Collections Payment Terms to Gain Competitive Edge

Get a jump on your competitors in global markets by offering documentary collections terms to customers. These terms offer a mid-level of risk between open account and letter of credit. With credit still tight or prohibitively expensive in many global markets (many U.S. and global banks have dramatically reduced their le+nding), providing overseas customers with alternative payment solutions can give your company a strong edge in today's hyper-competitive global markets.One payment alternative…