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What is Trade Finance ? and what is the difference btw Supply finance and Bank Finance ?

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Question added by ANGSHUMAN DAS , General Manager SCM & Ops , King Global Fz LLC
Date Posted: 2021/06/19

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Nabila Massoud
by Nabila Massoud , Office Manager , Sita Company

Trade finance  means to the exporters to receive payments as per what is mentioned in the agreement when the importer is being provided with a credit in order to stand in their order.

Supply Finance s a form of supplier finance in which suppliers can receive early payment on their invoices

Bank Finance an institution offering certain financial services, such as the safekeeping of money, conversion of domestic into and from foreign currencies, lending of money at interest, and acceptance of bills of exchange  

 

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